SEC Form 4 · accession 0001057352-17-000014
COSTAR GROUP, INC. · CSGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew C Florance
Officer — President and CEO · Director
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 6:14 pm EST
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 | Feb 28, 2017 | F | 1,899 | $203.99 | D | 157,523 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Mar 2, 2017 | D | 2,871 | $0.00 | D | 154,652 | D | |
| Common Stock, par value $0.01 per shareF4 | Mar 2, 2017 | F | 3,302 | $206.80 | D | 151,350 | D | |
| Common Stock, par value $0.01 per shareF5,F6 | Mar 2, 2017 | A | 30,080 | $0.00 | A | 181,430 | D | |
| Common Stock, par value $0.01 per shareF7,F8 | Mar 2, 2017 | S | 26,271 | $205.31 | D | 155,159 | 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 StockF9 | $204.91 | Mar 2, 2017 | A | 34,600 | A | — | Mar 1, 2027 | Common Stock | 34,600 | 34,600 | D |
Explanation of responses
- F1Represents all shares of Common Stock owned, consisting of 94,903 shares of Common Stock and 62,620 shares of Common Stock subject to unvested Restricted Stock grants.
- F2Shares forfeited from February 28, 2014 performance restricted stock grant upon measurement and certification of achievement of the performance goal by the Compensation Committee.
- F3Represents all shares of Common Stock owned, consisting of 94,903 shares of Common Stock and 59,749 shares of Common Stock subject to unvested Restricted Stock grants.
- F4Represents all shares of Common Stock owned, consisting of 98,090 shares of Common Stock and 53,260 shares of Common Stock subject to unvested Restricted Stock grants.
- F5Includes a grant of 18,800 shares of restricted common stock that vest in three equal installments on March 2, 2018, March 2, 2019 and March 2, 2020, and a grant of 11,280 shares of restricted common stock that vest based upon CoStar Group, Inc.'s achievement of a three-year performance goal.
- F6Represents all shares of Common Stock owned, consisting of 98,090 shares of Common Stock and 83,340 shares of Common Stock subject to unvested Restricted Stock grants.
- F7Average based on sales prices ranging from $204.55 to $206.05.
- F8Represents all shares of Common Stock owned, consisting of 71,819 shares of Common Stock and 83,340 shares of Common Stock subject to unvested Restricted Stock grants.
- F9The option vests in three equal installments on March 2, 2018, March 2, 2019 and March 2, 2020.