Pandora Media, Inc. 4
4 · Pandora Media, Inc. · Filed Feb 21, 2017
Insider Transaction Report
Form 4
Phillips Christopher W
Chief Product Officer
Transactions
- Sale
Common Stock
2017-02-16$12.97/sh−22,677$294,152→ 259,230 total - Sale
Common Stock
2017-02-17$12.92/sh−5,544$71,628→ 253,686 total
Footnotes (4)
- [F1]Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of RSUs. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
- [F2]These shares were sold in multiple transactions at the price of $12.9714.
- [F3]Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
- [F4]These shares were sold in multiple transactions at the price of $12.92.