Landa Matthew 4

4 · ACTIVE NETWORK INC · Filed May 23, 2013

Form 4

Period: 2013-05-21

DirectorPresident

Transactions

Exercise/Conversion
Common Stock
2013-05-21+31,919→ 368,116 total
Award
Common Stock
2013-05-21+253,245→ 621,361 total
Tax Payment
Common Stock
2013-05-21$6.13/sh−77,960$477,895→ 543,401 total
Exercise/Conversion
Performance-Based Restricted Stock Units
2013-05-21−31,919→ 0 total
→ Common Stock (31,919 underlying)

Holdings

Footnotes (6)

[F1]Mr. Landa is the trustee of The Landa Family Trust utd May 18, 2007 and has voting and dispositive power with respect to these shares. Mr. Landa disclaims beneficial ownership except to the extent of his pecuniary interest therein.
[F2]Acceleration of the vesting of 31,919 Performance-Based Restricted Stock Units pursuant to the terms and conditions of the Separation and Severance Agreement, dated May 21, 2013, between Mr. Landa 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 12,491 Restricted Stock Units ("RSUs") pursuant to the terms and and conditions of the Separation and Severance Agreement, dated May 21, 2013, between Mr. Landa and the Company.
[F5]Issuance of 253,245 fully vested restricted stock awards pursuant to the terms and conditions of the Separation and Severance Agreement, dated May 21, 2013, between Mr. Landa and the Company.
[F6]Represents amount of shares withheld to satisfy tax obligations on issuance of restricted stock awards.

Documents

1 file