Alberga David 4

4 · ACTIVE NETWORK INC · Filed May 23, 2013

Form 4

Period: 2013-05-21

DirectorChief Executive Officer

Transactions

Exercise/Conversion
Common Stock
2013-05-21+37,723→ 127,980 total
Tax Payment
Common Stock
2013-05-21$6.13/sh−72,312$443,273→ 258,720 total
Award
Common Stock
2013-05-21+203,052→ 331,032 total
Exercise/Conversion
Performance-Based Restricted Stock Units
2013-05-21−37,723→ 0 total
→ Common Stock (37,723 underlying)

Holdings

Footnotes (6)

[F1]Mr. Alberga is the trustee of The Alberga/Cernosia Revocable Declaration of Trust dated October 26th, 2004 and has voting and dispositive power with respect to these shares. Mr. Alberga disclaims beneficial ownership except to the extent of his pecuniary interest therein.
[F2]Acceleration of the vesting of 37,723 Performance-Based Restricted Stock Units pursuant to the terms and conditions of the Separation and Severance Agreement dated May 21, 2013 between Mr. Alberga and the Company.
[F3]Each Performance-Based Restricted Stock Units represents a contingent right to receive one share of the Company's Common Stock upon the Company's achievement of pre-established performance goals for the period ended December 31, 2014.
[F4]Includes the acceleration of 14,762 Restricted Stock Units ("RSUs") pursuant to the terms and and conditions of the Separation and Severance Agreement dated May 21, 2013 between Mr. Alberga and the Company.
[F5]Issuance of 203,052 fully vested restricted stock awards pursuant to the terms and conditions of the Separation and Severance Agreement dated May 21, 2013 between Mr. Alberga and the Company.
[F6]Represents amount of shares withheld to satisfy tax obligations on issuance of restricted stock awards.

Documents

1 file