SEC Form 4 · accession 0001437749-18-022746
FACTSET RESEARCH SYSTEMS INC · FDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip A Hadley
Director
Period of report
Dec 27, 2018
Accepted (ET)
Dec 28, 2018 · 5:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001013237
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 27, 2018 | M | 15,900 | $94.84 | A | 618,888 | D | |
| Common StockF1 | Dec 27, 2018 | G | 9,500 | $197.33 | D | 609,388 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3 | $94.84 | Dec 27, 2018 | M | 15,900 | D | — | Jan 31, 2019 | Common Stock | 15,900 | 3,016 | D |
Explanation of responses
- F1Based on the average of the high and low price of FactSet common stock on December 27, 2018.
- F2Options were granted on November 1, 2011 and vest 20% annually on the anniversary date of the grant and are fully vested after five years.
- F3Mr. Hadley ceased to be an employee of the Company on November 1 2018, but will remain as the Chairman of the Board thereafter. As Mr. Hadley is no longer an employee of the Company, his options expire 90 days from separation, consistent with the FactSet Research Systems Inc. Stock Option and Award Plan, as Amended and Restated.