OVERSTOCK.COM, INC 4
4 · OVERSTOCK.COM, INC · Filed May 8, 2015
Insider Transaction Report
Form 4
Marks Seth
SVP, Merchandising
Transactions
- Exercise/Conversion
Common Stock
2015-05-06$0.00/sh+475$0→ 1,970 total - Tax Payment
Common Stock
2015-05-06$0.00/sh−150$0→ 1,820 total - Exercise/Conversion
Restricted Stock Units
2015-05-06−475→ 11,250 total→ Common Stock (475 underlying) - Exercise/Conversion
Restricted Stock Units
2015-05-08−750→ 750 total→ Common Stock (750 underlying) - Exercise/Conversion
Common Stock
2015-05-08$0.00/sh+750$0→ 2,570 total - Tax Payment
Common Stock
2015-05-08$0.00/sh−236$0→ 2,334 total
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The restricted stock units vest in three equal installments at the close of business on May 6, 2015, May 6, 2016, and May 6, 2017. Vested shares will be delivered to the reporting person promptly after the restricted stock units vest. Amount shown does not include previously granted RSUs with different vesting schedules.
- [F2]Each Restricted Stock Unit represents a contingent right to receive one share of Overstock.com, Inc. common stock. The Restricted Stock Units vested as to 40% at the close of business on May 8, 2014 and 30% at the close of business on May 8, 2015 and will vest as to 30% at the close of business on May 8, 2016. Vested shares are delivered to the reporting person promptly after the Restricted Stock units vest.