Angie's List, Inc. 4
4 · Angie's List, Inc. · Filed May 31, 2017
Insider Transaction Report
Form 4
Brown Darin E.
Chief Technology Officer
Transactions
- Exercise/Conversion
Common Stock
2017-05-26+2,303→ 11,482 total - Tax Payment
Common Stock
2017-05-26$11.83/sh−746$8,825→ 10,736 total - Exercise/Conversion
Restricted Stock Units (RSU)
2017-05-26−2,303→ 25,333 totalExercise: $0.00→ Common Stock (2,303 underlying)
Footnotes (5)
- [F1]Reflects the gross number of shares of the Issuer's common stock, before tax, that were to be acquired upon settlement of the corresponding RSUs listed in Table II. Actual shares were issued net of shares withheld by the Issuer on behalf of the reporting person for tax purposes.
- [F2]Represents the number of shares of the Issuer's common stock withheld by the Issuer on behalf of the reporting person to be applied toward the tax obligation created by the vesting of the corresponding RSUs listed in Table II. This withholding was completed pursuant to an election of the "withhold to cover" option set forth under the Amended and Restated Omnibus Incentive Plan for such purposes.
- [F3]Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement, and there is no exercise price associated with the RSUs.
- [F4]On February 26, 2016, Mr. Brown was granted 36,848 RSUs, one-fourth of which vested on the first anniversary of the date of grant, and the remaining three-fourths are vesting in equal installments on a quarterly basis over a three-year period thereafter.
- [F5]There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.