Brand William C 4

Accession 0001209191-18-001015

CIK 0001434729other

View on SEC.gov Company Profile

Filed

Jan 2, 7:00 PM ET

Accepted

Jan 3, 5:00 PM ET

Size

36.0 KB

Accession

0001209191-18-001015

Insider Transaction Report

Form 4

Period: 2017-12-29

HSN, Inc.HSNI

Brand William C

Chief Marketing Officer

Transactions

Disposition to Issuer
Common Stock, par value $0.01 per share
2017-12-29−40,296.559→ 0 total
Disposition to Issuer
Share Appreciation Right
2017-12-29−12,934→ 0 total
Exercise: $5.02From: 2009-12-22Exp: 2018-12-22→ Common Stock, par value $0.01 per share (12,934 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−14,179→ 0 total
Exercise: $17.39From: 2011-02-23Exp: 2020-02-23→ Common Stock, par value $0.01 per share (14,179 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−14,327→ 0 total
Exercise: $25.86From: 2012-02-09Exp: 2021-02-09→ Common Stock, par value $0.01 per share (14,327 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−10,673→ 0 total
Exercise: $51.58From: 2014-02-12Exp: 2023-02-12→ Common Stock, par value $0.01 per share (10,673 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−22,347→ 0 total
Exercise: $51.38From: 2015-07-07Exp: 2024-07-07→ Common Stock, par value $0.01 per share (22,347 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−53,352→ 0 total
Exercise: $44.86From: 2017-02-16Exp: 2026-02-16→ Common Stock, par value $0.01 per share (53,352 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−15,987→ 0 total
Exercise: $31.00From: 2013-02-21Exp: 2022-02-21→ Common Stock, par value $0.01 per share (15,987 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−58,824→ 0 total
Exercise: $38.80From: 2018-02-23Exp: 2027-02-23→ Common Stock, par value $0.01 per share (58,824 underlying)
Disposition to Issuer
Restricted Stock Units
2017-12-29−13,168.417→ 0 total
→ Common Stock, par value $0.01 per share (13,168.417 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−8,122→ 0 total
Exercise: $3.69From: 2010-02-25Exp: 2019-02-25→ Common Stock, par value $0.01 per share (8,122 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−19,098→ 0 total
Exercise: $47.72From: 2015-02-12Exp: 2024-02-12→ Common Stock, par value $0.01 per share (19,098 underlying)
Disposition to Issuer
Share Appreciation Right
2017-12-29−28,572→ 0 total
Exercise: $65.24From: 2016-02-10Exp: 2025-02-10→ Common Stock, par value $0.01 per share (28,572 underlying)

Footnotes (5)

[F1]Per the terms of the Agreement and Plan of Merger, dated as of July 5, 2017, by and among HSN, Inc., a Delaware corporation ("HSNI"), Liberty Interactive Corporation, a Delaware corporation, and Liberty Horizon, Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Liberty Interactive (the "Merger Agreement"), each share of HSNI common stock was converted to 1.65 shares of Liberty Interactive Series A QVC Group common stock ("Liberty QVCA common stock") rounded down to the nearest number of whole shares with any fractional shares being paid out in cash based on the market closing price of Liberty QVCA common stock on December 29, 2017.
[F2]Each Restricted Stock Unit ("RSU") is the economic equivalent of one share of HSNI common stock. Per the terms of the Merger Agreement, each RSU was converted into an RSU equivalent to 1.65 shares of Liberty QVCA common stock and rounded to the nearest whole share.
[F3]Per the terms of the award agreement, upon the occurrence of the later of (i) the effective time of the Merger Agreement and (ii) the individual's separation from service, each unvested RSU becomes fully vested.
[F4]Per the terms of the Merger Agreement, the Share Appreciation Right ("SAR") was converted into a SAR for shares of Liberty QVCA common stock by multiplying the number of shares in Table II, Column 7 by 1.65 (rounded down to the nearest number of whole shares) at an exercise price per share equal to the exercise price in Table II, Column 2 divided by 1.65 and rounded up to the nearest whole cent.
[F5]Per the terms of the award agreement: (i) to the extent unvested, the award will vest upon the occurrence of the later of (a) the effective time of the Merger Agreement and (b) the individual's separation from service, and (ii) after a change of control and separation from service, the SAR expires on the earlier of (c) the original expiration date of the SAR or (d) one year following the individual's separation from service.

Documents

1 file

4
doc4.xmlPrimary
FORM 4 SUBMISSION

Issuer

HSN, Inc.

CIK 0001434729

→

Entity typeother

Related Parties

filerCIK 0001572050

Filing Metadata

Form type: 4
Filed: Jan 2, 7:00 PM ET
Accepted: Jan 3, 5:00 PM ET
Size: 36.0 KB

View on SEC.gov