Pandora Media, Inc. 4
4 · Pandora Media, Inc. · Filed May 18, 2017
Insider Transaction Report
Form 4
Herring Michael S
Chief Financial Officer
Transactions
- Sale
Common Stock
2017-05-16$9.38/sh−11,730$110,072→ 548,230 total
Footnotes (2)
- [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 $9.3838.