BENE STEPHEN G 4
4 · Pandora Media, Inc. · Filed Feb 21, 2018
Insider Transaction Report
Form 4
Bene Stephen G
GENERAL COUNSEL AND SECRETARY
Transactions
- Sale
Common Stock
2018-02-16$5.07/sh−11,260$57,033→ 526,815 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]Includes 2,883 shares acquired under the Issuer's Employee Stock Purchase Plan on February 15, 2018.