4//SEC Filing
Miller Melisa A 4
Accession 0001101215-19-000037
CIK 0001101215other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:08 PM ET
Size
13.5 KB
Accession
0001101215-19-000037
Insider Transaction Report
Form 4
Miller Melisa A
EVP & Pres, Retail Credit Svcs
Transactions
- Award
Common Stock
2019-02-15+5,759→ 44,213 total - Tax Payment
Common Stock
2019-02-15$171.22/sh−1,902$325,660→ 48,070 total - Award
Common Stock
2019-02-15+2,880→ 38,454 total - Award
Common Stock
2019-02-15+5,759→ 49,972 total - Tax Payment
Common Stock
2019-02-19$174.28/sh−761$132,627→ 42,453 total
Footnotes (7)
- [F1]The new grant is for 2,880 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 950 units on each of 2/18/20 and 2/16/21 and on 980 units on 2/15/22, subject to continued employment by the Reporting Person on the vesting dates.
- [F2]The new grant is for 5,759 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 33% of such shares on each of 2/18/20 and 2/16/21 and with respect to 34% of such shares on 2/15/22 contingent on meeting an EBT metric for 2019 and subject to continued employment by the Reporting Person on the vesting dates.
- [F3]The new grant is for 5,759 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 2/16/21 contingent on meeting a relative total shareholder return metric for 2019 and 2020 and subject to continued employment by the Reporting Person on the vesting dates.
- [F4]Shares withheld by the Company to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units.
- [F5]The total number of securities beneficially owned includes: (a) 19,456 unrestricted shares; (b) 670 unvested units from an award of 1,969 time-based restricted stock units granted 2/15/17; (c) 932 unvested units from an award of 2,745 performance-based restricted stock units granted 2/15/17; (d) 1,271 unvested units from an award of 1,897 time-based restricted stock units granted 2/15/18; (e) 1,929 unvested units from an award of 2,879 performance-based restricted stock units granted 2/15/18; (f) 3,797 unvested performance-based restricted stock units granted 2/15/18; (g) the new grant for 2,880 time-based restricted stock units; (h) the new grant for 5,759 performance-based restricted stock units; and (i) the new grant for 5,759 performance-based restricted stock units.
- [F6]Based on the Company's EBT performance in 2018, 75.8% of the original award of 3,797 performance-based restricted stock units granted 2/15/18, or 2,879 units, were earned. The restrictions will lapse with respect to 950 units on 2/18/20 and with respect to 979 units on 2/16/21, subject to continued employment by the Reporting Person on the remaining vesting dates.
- [F7]The grant for 3,938 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.
Documents
Issuer
ALLIANCE DATA SYSTEMS CORP
CIK 0001101215
Entity typeother
Related Parties
1- filerCIK 0001529225
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:08 PM ET
- Size
- 13.5 KB