Santillan Laura 4
4 · ALLIANCE DATA SYSTEMS CORP · Filed Feb 20, 2020
Insider Transaction Report
Form 4
Santillan Laura
SVP, Chief Acctg. Officer
Transactions
- Award
Common Stock
2020-02-18+1,288→ 26,268 total - Tax Payment
Common Stock
2020-02-18$100.85/sh−242$24,406→ 28,127 total - Award
Common Stock
2020-02-18+5,149→ 31,417 total
Footnotes (5)
- [F1]The new grant is for 1,288 shares of common stock represented by time-based restricted stock units. The restrictions will lapse on 425 units on each of 2/18/21 and 2/18/22 and on 438 units on 2/18/23, subject to continued employment by the Reporting Person on the vesting dates.
- [F2]The new grant is for 5,149 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 2/18/21 and 2/18/22 and with respect to 34% of such shares on 2/18/23 contingent on meeting an EBT metric for 2020 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) 20,013 unrestricted shares; (b) 400 shares held in an IRA account; (c) 190 unvested units from an award of 557 time-based restricted stock units granted 2/15/18; (d) 576 unvested units from an award of 1,692 performance-based restricted stock units granted 2/15/18; (e) 511 unvested units from an award of 762 time-based restricted stock units granted 2/15/19; (f) the new grant for 1,288 time-based restricted stock units; and (g) the new grant for 5,149 performance-based restricted stock units.
- [F5]The grant for 3,048 performance-based restricted stock units awarded on 2/15/19 was forfeited due to failure to meet the EBT performance metric for 2019.