Santillan Laura 4
4 · ALLIANCE DATA SYSTEMS CORP · Filed Feb 18, 2021
Insider Transaction Report
Form 4
Santillan Laura
SVP, Chief Acctg. Officer
Transactions
- Award
Common Stock
2021-02-16+9,785→ 40,912 total - Award
Common Stock
2021-02-16+5,871→ 46,783 total - Tax Payment
Common Stock
2021-02-16$86.31/sh−141$12,170→ 41,493 total
Footnotes (5)
- [F1]The new grant is for 9,785 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 3,228 units on 2/16/22, on 3,229 units on 2/16/23 and on 3,328 units on 2/16/24, subject to continued employment by the Reporting Person on the vesting dates.
- [F2]The new grant is for 5,871 shares of common stock represented by performance-based restricted stock units, which may be adjusted up or down at the time the performance restriction lapses. The restriction may lapse with respect to 100% of such shares on 2/16/24 contingent on meeting predetermined performance measures and subject to continued employment by the Reporting Person on the vesting dates.
- [F3]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F4]The total number of securities beneficially owned includes: (a) 23,889 unrestricted shares; (b) 400 shares held in an IRA account; (c) 260 unvested units from an award of 762 time-based restricted stock units granted 2/15/19; (d) 1,288 unvested time-based restricted stock units granted 2/18/20; (e) the new grant for 9,785 time-based restricted stock units; and (f) the new grant for 5,871 performance-based restricted stock units.
- [F5]The grant for 5,149 performance-based restricted stock units awarded on 2/18/20 was forfeited due to failure to meet the EBT performance metric for 2020.