GERBITZ DAVID 4
4 · Pandora Media, Inc. · Filed Nov 20, 2018
Insider Transaction Report
Form 4
GERBITZ DAVID
EVP Revenue Operations
Transactions
- Sale
Common Stock
2018-11-16$8.90/sh−9,454$84,154→ 565,163 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 $8.9014.