Discover Financial Services 4
4 · Discover Financial Services · Filed Feb 3, 2017
Insider Transaction Report
Form 4
Panzarino James V
SVP,Chief Credit Risk Officer
Transactions
- Award
Common Stock
2017-02-01$68.77/sh+14,501$997,234→ 89,006 total - Sale
Common Stock
2017-02-02$68.06/sh−5,000$340,300→ 70,021 total - Tax Payment
Common Stock
2017-02-01$68.77/sh−13,985$961,748→ 75,021 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.