Discover Financial Services 4
4 · Discover Financial Services · Filed Feb 3, 2017
Insider Transaction Report
Form 4
McGrogan Edward W
VP, Controller and CAO
Transactions
- Award
Common Stock
2017-02-01$68.77/sh+905$62,237→ 12,977 total - Tax Payment
Common Stock
2017-02-01$68.77/sh−1,137$78,191→ 11,840 total
Footnotes (2)
- [F1]Shares earned upon vesting of non-derivative performance stock units, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). Performance stock units are convertible into shares of common stock at a ratio of 1:1.
- [F2]Number of shares withheld to pay the tax withholding obligation incurred in connection with the vesting of previously granted restricted stock units and performance stock units.