SEC Form 4 · accession 0001071334-17-000004
WADDELL & REED FINANCIAL INC · WDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Butch
Officer — EVP & Chief Marketing Officer
Period of report
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 5:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001052100
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A CommonF1 | Nov 9, 2017 | S | 5,000 | $19.256 | D | 467,809 | I | Personal Trust |
| Class A CommonF2,F3 | Nov 10, 2017 | S | 35,000 | $19.2217 | D | 432,809 | I | Personal Trust |
| Class A Common | holding | — | — | — | 248 | D | ||
| Class A CommonF4 | holding | — | — | — | 58,563 | I | Spouse's Trust | |
| Class A CommonF5 | holding | — | — | — | 0 | I | 401(k) Units |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in mutiple transactions ranging from $19.25 to $19.27, inclusive. The reporting person undertakes to provide to Waddell & Reed Financial, Inc. ("WDR"), any stockholder of WDR or the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 1.
- F2The price reported is a weighted average price. These shares were sold in mutiple transactions ranging from $19.22 to $19.225, inclusive. The reporting person undertakes to provide to WDR, any stockholder of WDR or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this Footnote 2.
- F3These shares are held in trust for the benefit of Mr. Butch's spouse and children; Mr. Butch is the sole trustee of this trust.
- F4These shares are held in trust for the benefit of Mr. Butch's spouse and children; Mrs. Butch is the sole trustee of this trust.
- F5The 1254.5683 Units (which include Class A common stock and cash reserves) representing Mr. Butch's interest in the Company 401(k) Plan previoulsy reported as beneficially owned by Mr. Butch have been liquated.