Corley Kathryn McNamara 4
4 · Discover Financial Services · Filed Jan 29, 2018
Insider Transaction Report
Form 4
Corley Kathryn McNamara
EVP,General Counsel&Secretary
Transactions
- Award
Common Stock
2018-01-25+13,026→ 147,770.39 total - Sale
Common Stock
2018-01-26$80.08/sh−37,000$2,962,960→ 110,770.39 total
Footnotes (2)
- [F1]Represents a grant of non-derivative performance stock units, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). Performance stock units are convertible into shares of common stock at a ratio of 1:1.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $79.78 to $80.57, inclusive. The reporting person undertakes to provide to Discover Financial Services, any security holder of Discover Financial Services, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.