SEC Form 4 · accession 0001057352-15-000025
COSTAR GROUP, INC. · CSGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Carchedi
Officer — Executive VP, Operations
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 5:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001057352
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1,F2 | Mar 5, 2015 | A | 8,120 | $0.00 | A | 30,550 | D | |
| Common Stock, par value $0.01 per shareF3,F4 | Mar 9, 2015 | S | 5,910 | $191.05 | D | 24,640 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Acquire Common StockF5 | $193.69 | Mar 5, 2015 | A | 8,500 | A | — | Mar 4, 2025 | Common Stock | 8,500 | 8,500 | D |
Explanation of responses
- F1Includes a grant of 5,000 shares of restricted common stock that vest in three equal installments on March 5, 2016, March 5, 2017 and March 5, 2018, and a grant of 3,120 shares of restricted common stock that vest based upon CoStar Group, Inc.'s achievement of a three year performance goal.
- F2Represents all shares of Common Stock owned, consisting of 10,118 shares of Common Stock and 20,432 shares of Common Stock subject to unvested Restricted Stock grants.
- F3Average based on sales prices ranging from $191.00 to $191.20.
- F4Represents all shares of Common Stock owned, consisting of 4,208 shares of Common Stock and 20,432 shares of Common Stock subject to unvested Restricted Stock grants.
- F5The option vests in three equal installments on March 5, 2016, March 5, 2017 and March 5, 2018