SEC Form 4 · accession 0001668455-17-000004
WADDELL & REED FINANCIAL INC · WDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin R Clouse
Officer — VP and Chief Acct. Officer
Period of report
Apr 18, 2016
Accepted (ET)
Jan 12, 2017 · 5:52 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 | Apr 18, 2016 | A | 2,695 | $0.00 | A | 13,670 | I | By spouse |
| Class A Common | Jan 10, 2017 | A | 1,299 | $0.00 | A | 14,969 | I | By spouse |
| Class A Common | holding | — | — | — | 25,845 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F3 | — | Jan 10, 2017 | A | 1,299 | A | — | — | Class A Common Stock | 1,299 | 1,299 | I |
Explanation of responses
- F1Due to administrative error, a Form 4 reporting an April 18, 2016 restricted stock grant of 2,695 shares of Class A Common Stock of Waddell & Reed Financial, Inc. ("Issuer") to the reporting person's spouse, an employee of a subisidiary of Issuer, was not timely filed.
- F2Each restricted stock unit represents a contingent right to a cash payment equal to the fair market value on the vesting date of one share of Issuer's Class A Common Stock.
- F3The restricted stock units vest in four equal installments beginning January 10, 2018.