SEC Form 4 · accession 0001015780-17-000093
E TRADE FINANCIAL CORP · ETFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl A Roessner
Officer — Chief Executive Officer · Director
Period of report
Sep 12, 2017
Accepted (ET)
Sep 14, 2017 · 5:08 pm EDT
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 | Sep 12, 2017 | F | 6,971 | $40.6725 | D | 225,731 | D | |
| Common StockF2,F3 | Sep 13, 2017 | S | 1,873 | $40.4885 | D | 223,858 | D | |
| Common StockF2,F3 | Sep 13, 2017 | S | 6,705 | $40.4884 | D | 217,153 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares reported were withheld for payment of taxes associated with the vesting of approximately one-third of a grant of restricted stock units originally made on September 12, 2016.
- F2Sale of common stock pursuant to a Rule 10b5-1 plan entered into on February 25, 2017.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.4200 to $40.5600, inclusive. The reporting person undertakes to provide to E*TRADE Financial Corporation, any security holder of E*TRADE Financial Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.