KEMPNER THOMAS L 4
4 · INTERSECTIONS INC · Filed Feb 12, 2018
Insider Transaction Report
Form 4
KEMPNER THOMAS L
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit
2018-02-08−2,500→ 7,500 totalFrom: 2018-02-08Exp: 2018-02-08→ Common Stock (2,500 underlying) - Exercise/Conversion
Common Stock
2018-02-08+2,500→ 35,500 total
Holdings
- 9,689,640(indirect: See footnote)
Common Stock
Footnotes (3)
- [F1]Loeb Holding Corporation owns 9,680,541 shares. The reporting person is the beneficial owner of 51% of the voting stock of Loeb Holding Corporation and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purposes. In addition, the reporting person's spouse owns 9,099 shares, of which the reporting person disclaims beneficial ownership: this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock or, at the Issuer's option, cash or a combination of the two.
- [F3]The remaining restricted stock units will vest in three equal annual installments beginning on February 8, 2019.