4//SEC Filing
Costello William 4
Accession 0001209191-18-001022
CIK 0001434729other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 5:02 PM ET
Size
10.0 KB
Accession
0001209191-18-001022
Insider Transaction Report
Form 4
HSN, Inc.HSNI
Costello William
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2017-12-29$40.35/sh+484.888$19,565→ 58,615.866 total - Disposition to Issuer
Deferred Stock Units
2017-12-29−19,842.966→ 0 total→ Common Stock, par value $0.01 per share (19,842.966 underlying) - Disposition to Issuer
Common Stock, par value $0.01 per share
2017-12-29−58,615.866→ 0 total
Footnotes (5)
- [F1]Represents Deferred Share Units accrued for the period ended December 29, 2017, under the Amended and Restated Deferred Compensation Plan for Non-Employee Directors. Each Deferred Share Unit represents a contingent right to receive one share of common stock.
- [F2]Represents (i) 35,882 shares of common stock and (ii) 22,734 Deferred Share Units.
- [F3]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.
- [F4]Each Deferred Stock Unit ("DSU") is the economic equivalent of one share of HSNI common stock. Per the terms of the Merger Agreement, each DSU was converted into 1.65 shares of Liberty QVCA common stock.
- [F5]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 DSU became fully vested.
Documents
Issuer
HSN, Inc.
CIK 0001434729
Entity typeother
Related Parties
1- filerCIK 0001442086
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 5:02 PM ET
- Size
- 10.0 KB