4//SEC Filing
Schultz Scott 4
Accession 0001181431-12-024004
CIK 0001163932other
Filed
Apr 15, 8:00 PM ET
Accepted
Apr 16, 11:53 AM ET
Size
9.0 KB
Accession
0001181431-12-024004
Insider Transaction Report
Form 4
Schultz Scott
Director
Transactions
- Exercise/Conversion
Common Stock
2012-04-13$7.88/sh+11,500$90,620→ 11,500 total - Sale
Common Stock
2012-04-13$16.61/sh−11,500$190,994→ 0 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-04-13−11,500→ 34,500 totalExercise: $7.88From: 2011-03-24Exp: 2021-03-24→ Common Stock (11,500 underlying)
Footnotes (4)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2011.
- [F2]The sale prices for this transaction range from $16.28 to $16.99; the filer hereby agrees to provide, upon request, full information regarding the number of shares sold at each separate price.
- [F3]The options are immediately exercisable, but shares purchased under such option are subject to repurchase by the Issuer at the option exercise price upon the Reporting Person's termination of service to the Issuer prior to vesting of these shares. 33% of the option shares vested on the first annual anniversary of such date with the remaining option shares vesting in 24 equal monthly installments thereafter.
- [F4]Mr. Schultz has entered into an agreement with the United States Tennis Association pursuant to which the United States Tennis Association receives the pecuniary benefit upon exercise of his options. Mr. Schultz disclaims beneficial ownership except to the extent of his pecuniary interest therein.
Documents
Issuer
ACTIVE NETWORK INC
CIK 0001163932
Entity typeother
Related Parties
1- filerCIK 0001515055
Filing Metadata
- Form type
- 4
- Filed
- Apr 15, 8:00 PM ET
- Accepted
- Apr 16, 11:53 AM ET
- Size
- 9.0 KB