4//SEC Filing
Hoogterp Daniel P 4
Accession 0001181431-13-028509
CIK 0001518222other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 9:56 PM ET
Size
7.5 KB
Accession
0001181431-13-028509
Insider Transaction Report
Form 4
Bankrate, Inc.RATE
Hoogterp Daniel P
SVP-Chief Technology Officer
Transactions
- Award
Common Stock
2013-05-14+35,000→ 111,493 total - Award
2013 Performance Shares
2013-05-14+35,000→ 35,000 total
Footnotes (4)
- [F1]Grant of 35,000 shares of restricted stock pursuant to the Bankrate, Inc. 2011 Equity Compensation Plan, exempt under Rule 16b-3. One-third of the restricted shares will vest on each of the first, second, and third anniversaries of the date of grant, subject to continued employment through such anniversary and also to full or partial acceleration of vesting in the event of certain terminations of employment or the occurrence of a change in control.
- [F2]Includes restricted shares.
- [F3]Grant of 35,000 performance shares pursuant to the Bankrate, Inc. 2011 Equity Compensation Plan, exempt under Rule 16b-3. The actual number of shares of common stock that will vest will depend on the Company's financial performance in respect of the 2013 calendar year and could be as many as twice the number of performance shares initially granted or as few as zero shares. The shares will vest, subject to continued employment through the third anniversary of the date of grant and also to full or partial acceleration in the event of certain terminations of employment or the occurrence of a change in control.
- [F4]Represents the "target" number of shares of common stock. The actual number of shares that will vest could be less than or greater than the target number, depending on the level of performance achieved.
Documents
Issuer
Bankrate, Inc.
CIK 0001518222
Entity typeother
Related Parties
1- filerCIK 0001330329
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 9:56 PM ET
- Size
- 7.5 KB