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4//SEC Filing

Alberga David 4

Accession 0001181431-13-030325

CIK 0001163932other

Filed

May 22, 8:00 PM ET

Accepted

May 23, 6:41 PM ET

Size

11.5 KB

Accession

0001181431-13-030325

Insider Transaction Report

Form 4
Period: 2013-05-21
Alberga David
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2013-05-21+37,723127,980 total
  • Tax Payment

    Common Stock

    2013-05-21$6.13/sh72,312$443,273258,720 total
  • Award

    Common Stock

    2013-05-21+203,052331,032 total
  • Exercise/Conversion

    Performance-Based Restricted Stock Units

    2013-05-2137,7230 total
    Common Stock (37,723 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    184,599
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

Issuer

ACTIVE NETWORK INC

CIK 0001163932

Entity typeother

Related Parties

1
  • filerCIK 0001515117

Filing Metadata

Form type
4
Filed
May 22, 8:00 PM ET
Accepted
May 23, 6:41 PM ET
Size
11.5 KB