4//SEC Filing
Schultz Scott 4
Accession 0001181431-12-030195
CIK 0001163932other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 11:29 AM ET
Size
8.7 KB
Accession
0001181431-12-030195
Insider Transaction Report
Form 4
Schultz Scott
Director
Transactions
- Sale
Common Stock
2012-05-14$14.32/sh−958$13,719→ 0 total - Exercise/Conversion
Common Stock
2012-05-14$7.88/sh+958$7,549→ 958 total - Exercise/Conversion
Stock Option (Right to Buy)
2012-05-14−958→ 33,542 totalExercise: $7.88From: 2011-03-24Exp: 2021-03-24→ Common Stock (958 underlying)
Footnotes (3)
- [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 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.
- [F3]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
- May 15, 8:00 PM ET
- Accepted
- May 16, 11:29 AM ET
- Size
- 8.7 KB