4//SEC Filing
Bankrate, Inc. 4
Accession 0001214659-14-001321
CIK 0001518222operating
Filed
Feb 18, 7:00 PM ET
Accepted
Feb 19, 7:00 PM ET
Size
10.3 KB
Accession
0001214659-14-001321
Insider Transaction Report
Form 4
Bankrate, Inc.RATE
Ricciardelli Michael
SVP-Buss Dev Consumer Mrk
Transactions
- Exercise/Conversion
Stock Option (Right to Buy)
2014-02-14−31,250→ 268,750 totalExercise: $15.00From: 2012-06-16Exp: 2018-06-16→ Common Stock (31,250 underlying) - Exercise/Conversion
Common Stock
2014-02-14$15.00/sh+31,250$468,750→ 104,189 total - Sale
Common Stock
2014-02-14$20.49/sh−31,250$640,313→ 72,939 total
Holdings
- 52,303
2014 Performance Shares
Footnotes (4)
- [F1]Includes 57,415 restricted shares.
- [F2]The transaction was pursuant to a 10b5-1 trading plan.
- [F3]Represents the "target" number of shares of common stock. The actual number of shares of common stock that will vest will depend on the Company's financial performance in respect of the 2014 and 2015 calendar years and could be as many as one and a half times the number of performance shares initially granted or as few as zero shares. Half of the shares that are earned will vest following the determination of the award value following the end of 2015 and the remaining half will vest on the third anniversary of the grant date, subject to continued employment through the applicable vesting dates. The shares are also subject to full or partial acceleration in the event of certain terminations of employment or the occurrence of certain terminations of employment following a change in control.
- [F4]25% of the options vest and become exercisable on the first anniversary of the grant date, with the remaining options vesting and becoming exercisable in approximately equal monthly installments over the following thirty-six months.
Documents
Issuer
Bankrate, Inc.
CIK 0001518222
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001518222
Filing Metadata
- Form type
- 4
- Filed
- Feb 18, 7:00 PM ET
- Accepted
- Feb 19, 7:00 PM ET
- Size
- 10.3 KB