HORN CHARLES L 4
4 · ALLIANCE DATA SYSTEMS CORP · Filed Feb 20, 2019
Insider Transaction Report
Form 4
HORN CHARLES L
EVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2019-02-15$171.22/sh−1,085$185,774→ 14,999 total - Tax Payment
Common Stock
2019-02-19$174.28/sh−534$93,066→ 10,533 total
Footnotes (4)
- [F1]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F2]The total number of securities beneficially owned includes: (a) 3,550 unrestricted shares; (b) 542 unvested units from an award of 1,593 time-based restricted stock units granted 2/15/17; (c) 755 unvested units from an award of 2,221 performance-based restricted stock units granted 2/15/17; (d) 1,034 unvested units from an award of 1,542 time-based restricted stock units granted 2/15/18; (e) 1,567 unvested units from an award of 2,339 performance-based restricted stock units granted 2/15/18; and (f) 3,085 unvested performance-based restricted stock units granted 2/15/18.
- [F3]Based on the Company's EBT performance in 2018, 75.8% of the original award of 3,085 performance-based restricted stock units granted 2/15/18, or 2,339 units, were earned. The restrictions will lapse with respect to 772 units on 2/18/20 and with respect to 795 units on 2/16/21, subject to continued employment by the Reporting Person on the remaining vesting dates.
- [F4]The grant for 3,186 performance-based restricted stock units awarded on 2/15/17 was forfeited due to failure to meet the relative total shareholder return metric for 2017 and 2018.