SEC Form 4 · accession 0001015780-15-000018
E TRADE FINANCIAL CORP · ETFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Navtej S Nandra
Officer — President
Period of report
Feb 6, 2015
Accepted (ET)
Feb 10, 2015 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001015780
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 6, 2015 | A | 91,377 | $0.00 | A | 195,517 | D | |
| Common StockF2 | Feb 6, 2015 | A | 61,242 | $0.00 | A | 256,759 | D | |
| Common StockF3 | Feb 7, 2015 | F | 14,249 | $25.7175 | D | 242,510 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Unit award relating to 2014 compensation will vest over three years, with one-third vesting on February 6, 2016; one-third vesting on February 6, 2017; and the remaining one-third vesting on February 6, 2018.
- F2Restricted Stock Unit award relating to 2015 compensation will vest over three years, with one-third vesting on February 6, 2016; one-third vesting on February 6, 2017; and the remaining one-third vesting on February 6, 2018.
- F3Shares reported were withheld for payment of taxes associated with the vesting of approximately one-third of a grant of restricted stock originally made on February 7, 2014.