Endurance International Group Holdings, Inc. 4
4 · Endurance International Group Holdings, Inc. · Filed Dec 8, 2016
Insider Transaction Report
Form 4
Surdan Kenneth J
Chief Product Officer
Transactions
- Sale
Common Stock
2016-12-07$8.00/sh−1,153$9,224→ 227,294 total - Sale
Common Stock
2016-12-06$7.70/sh−913$7,030→ 228,447 total
Footnotes (5)
- [F1]Represents shares automatically sold to satisfy the issuer's tax withholding obligations in connection with the vesting of restricted stock units that were assumed by the issuer on February 9, 2016.
- [F2]The automatic sale of the reporting person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1.
- [F3]The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.70 to $8.00 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- [F4]Includes 187,349 shares of common stock underlying restricted stock units, all of which are subject to time-based vesting.
- [F5]The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.06 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.