SEC Form 4 · accession 0001209191-17-014016
NAVIGANT CONSULTING INC · NCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lee A Spirer
Officer — EVP & Global Business Leader
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 6:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001019737
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 21, 2017 | S | 18,363 | $22.9846 | D | 50,749 | D | |
| Common Stock | Feb 22, 2017 | M | 28,028 | $13.17 | A | 78,777 | D | |
| Common StockF2 | Feb 22, 2017 | S | 28,028 | $22.9516 | D | 50,749 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $13.17 | Feb 22, 2017 | M | 28,028 | D | Mar 15, 2014 | Mar 15, 2019 | Common Stock | 28,028 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.84 to $23.132 per share. The reporting person undertakes to provide to Navigant Consulting, Inc., any security holder of Navigant Consulting, Inc. 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 herein.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $22.89 to $23.17 per share. The reporting person undertakes to provide to Navigant Consulting, Inc., any security holder of Navigant Consulting, Inc. 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 herein.
- F3The stock option was granted on 3/15/2013 and vested annually in equal installments over a three-year period.