SEC Form 4 · accession 0001668455-18-000004
WADDELL & REED FINANCIAL INC · WDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin R Clouse
Officer — Vice President and CAO
Period of report
Jan 10, 2018
Accepted (ET)
Jan 12, 2018 · 6:07 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 Common | Jan 10, 2018 | F | 122 | $22.17 | D | 7,681 | I | By spouse |
| Class A CommonF1,F2 | Jan 10, 2018 | M | 325 | — | A | 8,006 | I | By spouse |
| Class A CommonF1 | Jan 10, 2018 | D | 325 | $22.17 | D | 7,681 | I | By spouse |
| Class A Common | holding | — | — | — | 45,855 | 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 UnitF2 | — | Jan 10, 2018 | M | 325 | D | Jan 10, 2018 | Jan 10, 2018 | Class A Common | 325 | 974 | I |
| Restricted Stock UnitsF2,F3 | — | holding | — | — | — | — | — | Class A Common | 1,299 | 1,299 | I |
Explanation of responses
- F1Vesting of cash-settled restricted stock units is reported as a deemed acquisition and disposition of the number of shares of Class A Common Stock underlying the vested restricted stock units.
- 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.