WEB.COM GROUP, INC. 4
4 · WEB.COM GROUP, INC. · Filed Feb 19, 2016
Insider Transaction Report
Form 4
Teichman Jason
Chief Marketing Officer
Transactions
- Award
Common Stock
2016-02-17+30,000→ 146,956 total - Award
Common Stock
2016-02-17$17.47/sh+15,943$278,524→ 162,899 total - Tax Payment
Common Stock
2016-02-17$17.47/sh−23,201$405,321→ 139,698 total
Footnotes (3)
- [F1]Award of restricted stock granted under the Company's 2014 Equity Incentive Plan. The shares vest in equal annual increments over four years.
- [F2]These shares are the payout of the award of Performance Restricted Stock Units granted in 2015 under the 2014 Equity Incentive Plan. The Performance Restricted Stock Units vest over a 3-year period, provided the measurement criteria is met. For the year ended December 31, 2015 the performance measuring criteria was met.
- [F3]Surrender of shares to pay applicable tax withholding due to the vesting of restricted stock and performance restricted stock units.