4//SEC Filing
Herrera Ana 4
Accession 0001144204-13-013361
CIK 0001333513other
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 6:36 PM ET
Size
17.8 KB
Accession
0001144204-13-013361
Insider Transaction Report
Form 4
Herrera Ana
SVP of Human Resources
Transactions
- Sale
Common Stock
2013-02-11$31.95/sh−3,240$103,527→ 55,232 total - Award
Non-Qualified Stock Option (right to buy)
2013-03-04+12,383→ 12,383 totalExercise: $28.87Exp: 2020-03-04→ Common Stock (12,383 underlying) - Exercise/Conversion
Performance Stock Unit
2013-02-08−5,325→ 0 totalExercise: $0.00From: 2013-02-08Exp: 2013-02-08→ Common Stock (5,325 underlying) - Award
Common Stock
2013-03-04+4,618→ 59,850 total - Exercise/Conversion
Common Stock
2013-02-08+5,644→ 58,472 total - Sale
Common Stock
2013-03-04$28.94/sh−410$11,865→ 59,440 total - Award
Performance Stock Unit
2013-03-04+4,501→ 4,501 totalExercise: $0.00Exp: 2016-02-28→ Common Stock (4,501 underlying)
Footnotes (9)
- [F1]Each restricted stock unit represents a contingent right to receive one share of DealerTrack common stock. The restricted stock units vest in four equal annual installments beginning March 4, 2014.
- [F2]Includes 24,892 restricted stock units.
- [F3]25% of the shares subject to the option will vest on March 4, 2014, and 1/36th of the remaining shares subject to the option will vest each month thereafter, such that 100% of the shares subject to the option will be fully vested on March 4, 2017.
- [F4]This amount represents the target number of PSUs (100%) awarded and is subject to adjustment ranging from 0% (threshold) to 150% (maximum) based on the percentage achievement of the performance goals.
- [F5]The Performance Stock Units will vest in full on February 28, 2016 subject to the achievement of certain performance goals. These performance goals are equally based on both the Company's Revenue for calendar year 2013 and the total shareholder return of the Company's common stock as compared to other companies in the NASDAQ U.S. Benchmark Software Index in the aggregate for calendar years 2013, 2014 and 2015.
- [F6]This amount represents the number of shares that the performance share units which vested on March 18, 2013 conversted into based on the acheivement of performance targets.
- [F7]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 9, 2012.
- [F8]This transaction was executed in multiple trades at prices ranging from $32.05 to $32.0880. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- [F9]Includes 28,437 restricted stock units.
Documents
Issuer
Dealertrack Technologies, Inc
CIK 0001333513
Entity typeother
Related Parties
1- filerCIK 0001342282
Filing Metadata
- Form type
- 4
- Filed
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 6:36 PM ET
- Size
- 17.8 KB