Sowell William D 4
4 · GREEN DOT CORP · Filed Apr 29, 2011
Insider Transaction Report
Form 4
GREEN DOT CORPGDOT
Sowell William D
Chief Operating Officer
Transactions
- Exercise/Conversion
Stock Option (right to buy Class B Common Stock)
2011-04-27−5,237→ 81,986 totalExercise: $17.19Exp: 2019-08-03→ Class B Common Stock (5,237 underlying) - Exercise/Conversion
Class B Common Stock
2011-04-27+5,237→ 5,237 totalExercise: $0.00→ Class A Common Stock (5,237 underlying) - Conversion
Class A Common Stock
2011-04-27+5,237→ 5,237 total - Conversion
Class B Common Stock
2011-04-27−5,237→ 0 totalExercise: $0.00→ Class A Common Stock (5,237 underlying) - Sale
Class A Common Stock
2011-04-27$47.50/sh−5,237$248,758→ 0 total
Footnotes (4)
- [F1]The sales reported on this Form 4 were effected pursuant to s Rule 10b5-1 trading plan adopted by the reporting person on November 30, 2010.
- [F2]The Class B Common Stock is convertible at the holder's option into the issuer's Class A Common Stock on a 1-for-1 basis and has no expiration date.
- [F3]Options vest as to 1/4 of the shares on July 21, 2010 and then 1/48th monthly thereafter, subject to the reporting person's provision of service to the issuer on each vesting date.
- [F4]The holder elected to convert the shares of Class B Common Stock into Class A Common Stock, which Class A Common Stock has no exercisable date or expiration date.