SEC Form 4 · accession 0001015780-17-000026
E TRADE FINANCIAL CORP · ETFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A. Pizzi
Officer — Chief Financial Officer
Period of report
Feb 10, 2017
Accepted (ET)
Feb 14, 2017 · 5:22 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 10, 2017 | M | 11,249 | $14.60 | A | 167,029 | D | |
| Common StockF2 | Feb 10, 2017 | S | 3,387 | $35.6019 | D | 163,642 | D | |
| Common StockF3 | Feb 10, 2017 | S | 11,249 | $35.6042 | D | 152,393 | D | |
| Common StockF2 | Feb 10, 2017 | S | 32,274 | $35.6044 | D | 120,119 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF4 | $14.60 | Feb 10, 2017 | M | 11,249 | D | — | Feb 11, 2017 | Common Stock | 11,249 | 0 | D |
Explanation of responses
- F1Acquisition of common stock upon the exercise of stock options.
- F2Sale of common stock pursuant to a Rule 10b5-1 plan entered into on August 14, 2015.
- F3Sale of common stock pursuant to a Rule 10b5-1 plan entered into on August 14, 2015, including shares sold to cover the costs and tax liabilities associated with the exercise of stock options.
- F4The stock options vested in three annual installments beginning on February 11, 2011.