HSN, Inc. 4
4 · HSN, Inc. · Filed May 25, 2017
Insider Transaction Report
Form 4
HSN, Inc.HSNI
KUGELMAN STEPHANIE
Director
Transactions
- Award
Deferred Stock Units
2017-05-24+3,260→ 19,282.434 total→ Common Stock, par value $0.01 per share (3,260 underlying)
Footnotes (2)
- [F1]Each deferred stock unit ("DSU") represents a contingent right to receive one share of common stock.
- [F2]Represents a grant of deferred stock units in connection with the reporting person's continuous service as a non-employee director of the company. The terms of the grant provide for 100% vesting on the earlier of (i) the first anniversary of the grant date or (ii) the date of the company's next annual meeting of shareholders. The DSUs will be settled in shares of the company's common stock approximately six months following the reporting person's retirement or other termination of service as a director.