Sullivan James 4
4 · Groupon, Inc. · Filed Sep 19, 2017
Insider Transaction Report
Form 4
Groupon, Inc.GRPN
Sullivan James
Chief Product Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2017-09-15−69,800→ 451,378 totalFrom: 2017-09-15→ Common Stock (69,800 underlying) - Tax Payment
Common Stock
2017-09-15$4.41/sh−34,629$152,714→ 378,524 total - Exercise/Conversion
Common Stock
2017-09-15+69,800→ 413,153 total
Footnotes (3)
- [F1]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F3]69,800 of the restricted stock units reported on this line vested on September 15, 2017; 34,900 of the restricted stock units reported on this line will vest on each of December 15, 2017 and March 15, 2018; 191,030 of the restricted stock units reported on this line will vest in equal installments quarterly beginning on June 15, 2018 and ending on March 15, 2019; and 190,548 of the restricted stock units reported on this line will vest in equal installments quarterly beginning on June 15, 2019 and ending on March 15, 2020; in each case subject to Mr. Sullivan's continued employment with the Company through each vesting date.