VADON MARK C 4
4 · Qurate Retail, Inc. · Filed Sep 20, 2018
Insider Transaction Report
Form 4
Qurate Retail, Inc.QRTEA
VADON MARK C
Director
Transactions
- Exercise/Conversion
Stock Option (right to buy) - QRTEA
2018-09-18−648,551→ 216,186 totalExercise: $15.64Exp: 2023-05-15→ Series A Common Stock (648,551 underlying) - Tax Payment
Series A Common Stock
2018-09-18$22.05/sh−525,977$11,597,793→ 4,693 total - Exercise/Conversion
Series A Common Stock
2018-09-18$15.64/sh+648,551$10,143,338→ 653,244 total - Sale
Series A Common Stock
2018-09-18$22.05/sh−122,574$2,702,892→ 530,670 total
Footnotes (3)
- [F1]The price is a weighted average price. These shares were sold in multiple transactions ranging from $22.0000 to $22.0821, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- [F2]The price is a weighted average price. These shares were withheld in multiple transactions ranging from $22.0000 to $22.0800, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares withheld at each separate price within the range.
- [F3]The option is early-exercisable at any time by the holder of the option. This option is divided into five equal sub-grants. Each sub-grant vests in 48 monthly installments commencing on the following dates: May 16, 2013 (first sub-grant), May 16, 2014 (second sub-grant), May 16, 2015 (third sub-grant), May 16, 2016 (fourth sub-grant) and May 16, 2017 (fifth sub-grant).