SEC Form 4 · accession 0001437749-19-001444
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
Jan 25, 2019
Accepted (ET)
Jan 28, 2019 · 7:12 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 | Jan 25, 2019 | M | 3,016 | $94.84 | A | 612,404 | D | |
| Common Stock | Jan 25, 2019 | M | 4,564 | $92.22 | A | 616,968 | 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)F1,F3 | $94.84 | Jan 25, 2019 | M | 3,016 | D | — | Jan 31, 2019 | Common Stock | 3,016 | 0 | D |
| Employee Stock Option (right to buy)F2,F3 | $92.22 | Jan 25, 2019 | M | 4,564 | D | — | Jan 31, 2019 | Common Stock | 4,564 | 0 | D |
Explanation of responses
- F1Options were granted on November 1, 2011 and vest over a 5 year period with 20% exercisable one year after the grant date and the remainder vesting at a rate of 1.67% per month thereafter.
- F2Options were granted on November 1, 2012 and vest over a 5 year period with 40% exercisable two years after the grant date and the remainder vesting at a rate of 1.67% per month thereafter.
- F3Mr. Hadley ceased to be an employee of FactSet Research Systems Inc. (the "Company") on November 1, 2018, but will remain as the Chairman of the Board. 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.