Brown Joel T. 4
4 · OPENTABLE INC · Filed Dec 17, 2012
Insider Transaction Report
Form 4
OPENTABLE INCOPEN
Brown Joel T.
SVP, Operations
Transactions
- Exercise/Conversion
Common Stock
2012-12-13$24.97/sh+3,550$88,644→ 3,550 total - Sale
Common Stock
2012-12-13$47.42/sh−3,550$168,342→ 0 total - Exercise/Conversion
Stock Option
2012-12-13−3,550→ 23,650 totalExercise: $24.97From: 2011-03-20Exp: 2020-01-21→ Common Stock (3,550 underlying)
Footnotes (3)
- [F1]The sales reported in the Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 13, 2012.
- [F2]The shares subject to the option will vest and become exercisable in 24 successive and equal monthly installments measured from February 20, 2011, such that 100% of the shares subject to the option will vest in full and be exercisable on the second anniversary of February 20, 2011, subject to the Reporting Person's continued employment or service relationship with the Issuer on each of the vesting dates.
- [F3]The transaction was executed in multiple trades in prices ranging from $47.34 to $47.52 inclusive. The price reported in Column 4 above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a stockholder of the Issuer, information regarding the number of shares and prices at which the transaction was effected.