4//SEC Filing
Pearson Bryan A 4
Accession 0001101215-19-000039
CIK 0001101215other
Filed
Feb 19, 7:00 PM ET
Accepted
Feb 20, 4:10 PM ET
Size
14.4 KB
Accession
0001101215-19-000039
Insider Transaction Report
Form 4
Pearson Bryan A
EVP & President, LoyaltyOne
Transactions
- Award
Common Stock
2019-02-15+5,562→ 28,050 total - Award
Common Stock
2019-02-15+5,562→ 33,612 total - Tax Payment
Common Stock
2019-02-15$171.22/sh−2,532$433,529→ 31,080 total - Tax Payment
Common Stock
2019-02-19$174.28/sh−926$161,383→ 25,282 total - Award
Common Stock
2019-02-15+2,782→ 22,488 total
Holdings
- 85,942(indirect: By 2456779 Ontario Inc.)
Common Stock
Footnotes (8)
- [F1]The new grant is for 2,782 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 918 units on each of 2/18/20 and 2/16/21 and on 946 units on 2/15/22, subject to continued employment by the Reporting Person on the vesting dates.
- [F2]The new grant is for 5,562 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 5,562 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) 2,996 unrestricted shares; (b) 678 unvested units from an award of 1,992 time-based restricted stock units granted 2/15/17; (c) 944 unvested units from an award of 2,778 performance-based restricted stock units granted 2/15/17; (d) 1,229 unvested units from an award of 1,833 time-based restricted stock units granted 2/15/18; (e) 1,862 unvested units from an award of 2,780 performance-based restricted stock units granted 2/15/18; (f) 3,667 unvested performance-based restricted stock units granted 2/15/18; (g) the new grant for 2,782 time-based restricted stock units; (h) the new grant for 5,562 performance-based restricted stock units; and (i) the new grant for 5,562 performance-based restricted stock units.
- [F6]Based on the Company's EBT performance in 2018, 75.8% of the original award of 3,667 performance-based restricted stock units granted 2/15/18, or 2,780 units, were earned. The restrictions will lapse with respect to 918 units on 2/18/20 and with respect to 944 units on 2/16/21, subject to continued employment by the Reporting Person on the remaining vesting dates.
- [F7]The grant for 3,985 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.
- [F8]The shares are held by 2456779 Ontario Inc., an Ontario, Canada corporation, of which the reporting person is the sole shareholder.
Documents
Issuer
ALLIANCE DATA SYSTEMS CORP
CIK 0001101215
Entity typeother
Related Parties
1- filerCIK 0001376988
Filing Metadata
- Form type
- 4
- Filed
- Feb 19, 7:00 PM ET
- Accepted
- Feb 20, 4:10 PM ET
- Size
- 14.4 KB