BROWN CURTIS 4
4 · DUN & BRADSTREET CORP/NW · Filed Mar 5, 2018
Insider Transaction Report
Form 4
BROWN CURTIS
Chief Content & Tech Officer
Transactions
- Tax Payment
Common Stock
2018-03-01$125.49/sh−1,458$182,964→ 9,132 total - Award
Leveraged Restricted Stock Units
2018-03-01+4,383→ 4,383 totalExp: 2021-03-01→ Common Stock (4,383 underlying) - Exercise/Conversion
Common Stock
2018-03-01+1,394→ 7,639 total - Exercise/Conversion
Common Stock
2018-03-01+2,951→ 10,590 total - Exercise/Conversion
Leveraged Restricted Stock Units
2018-03-01−1,406→ 2,814 totalExp: 2020-03-01→ Common Stock (1,394 underlying) - Exercise/Conversion
Leveraged Restricted Stock Units
2018-03-01−2,359→ 2,360 totalExp: 2019-03-01→ Common Stock (2,951 underlying)
Footnotes (4)
- [F1]Represents the vesting and payout of the first tranche (1/3) of the leveraged restricted stock units (4,220) granted on March 1, 2017 at 99.2% of target based on the issuer's stock price performance during the performance period from 1/1/2017 - 12/31/2017.
- [F2]Represents the vesting and payout of the second tranche (1/3) of the leveraged restricted stock units (7,078) granted on March 1, 2016 at 125.1% of target based on the issuer's stock performance during the performance period from 1/1/2016 - 12/31/2017 and includes 592 additional shares above the target number of shares originally reported.
- [F3]To satisfy tax withholding obligations relating to the vesting of shares of Common Stock previously awarded, shares were withheld from the vested amount.
- [F4]Each performance share represents a contingent right for the reporting person to receive, on each of the first, second and third anniversaries of the date of the grant, a distribution of common stock equal to 0% to 200% of 1/3 of the reported target performance shares based on the issuer's stock price performance during the designated performance periods, as follows: the first distribution is tied to the issuer's one-year stock price performance (1/1/2018 to 12/31/2018); the second distribution is tied to the issuer's two-year stock price performance (1/1/2018 to 12/31/2019); and the third distribution is tied to the issuer's three-year stock price performance (1/1/2018 to 12/31/2020).