Rackers Christopher W. 4
4 · WADDELL & REED FINANCIAL INC · Filed Jan 12, 2021
Insider Transaction Report
Form 4
Rackers Christopher W.
SVP and CPBO
Transactions
- Tax Payment
Class A Common
[F1]2021-01-10$25.03/sh−683$17,095→ 61,505 total - Exercise/Conversion
Class A Common
[F2][F3]2021-01-10+1,973→ 63,478 total - Disposition to Issuer
Class A Common
[F2]2021-01-10$25.03/sh−1,973$49,384→ 61,505 total - Exercise/Conversion
Restricted Stock Units
[F3]2021-01-10−1,973→ 1,973 totalFrom: 2021-01-10Exp: 2021-01-10→ Class A Common (1,973 underlying)
Footnotes (3)
- [F1]The reporting person surrendered these shares to satisfy tax withholding obligations resulting from the vesting of shares of restricted stock.
- [F2]Vesting of cash-settled restricted stock units is reported as a deemed acquisition and disposition of the number of shares of Class A Common Stock underlying the vested restricted stock units.
- [F3]Each restricted stock unit represents a contingent right to a cash payment equal to the fair market value on the vesting date of one share of Issuer's Class A Common Stock.
Signature
/s/ Christopher W. Rackers|2021-01-11