SEC Form 4 · accession 0001057352-17-000015
COSTAR GROUP, INC. · CSGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Francis Carchedi
Officer — Executive VP, Corp. Dev.
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 6:15 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 | 630 | $203.99 | D | 23,366 | D | |
| Common Stock, par value $0.01 per shareF2,F3 | Mar 2, 2017 | D | 957 | $0.00 | D | 22,409 | D | |
| Common Stock, par value $0.01 per shareF4 | Mar 2, 2017 | F | 785 | $206.80 | D | 21,624 | D | |
| Common Stock, par value $0.01 per shareF5,F6 | Mar 2, 2017 | A | 7,380 | $0.00 | A | 29,004 | D | |
| Common Stock, par value $0.01 per shareF7 | Mar 2, 2017 | M | 4,500 | $37.42 | A | 33,504 | D | |
| Common Stock, par value $0.01 per shareF8,F6 | Mar 2, 2017 | S | 4,500 | $204.98 | D | 29,004 | 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 | 8,300 | A | — | Mar 1, 2027 | Common Stock | 8,300 | 8,300 | D |
| Option to Acquire Common StockF10 | $37.42 | Mar 2, 2017 | M | 4,500 | D | — | Jul 15, 2019 | Common Stock | 4,500 | 5,500 | D |
Explanation of responses
- F1Represents all shares of Common Stock owned, consisting of 7,052 shares of Common Stock and 16,314 shares of Common Stock subject to unvested Restricted Stock grants.
- F10The option vested in four equal installments on July 16, 2010, July 16, 2011, July 16, 2012 and July 16, 2013.
- 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 7,052 shares of Common Stock and 15,357 shares of Common Stock subject to unvested Restricted Stock grants.
- F4Represents all shares of Common Stock owned, consisting of 8,430 shares of Common Stock and 13,194 shares of Common Stock subject to unvested Restricted Stock grants.
- F5Includes a grant of 4,500 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 2,880 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 8,430 shares of Common Stock and 20,574 shares of Common Stock subject to unvested Restricted Stock grants.
- F7Represents all shares of Common Stock owned, consisting of 12,930 shares of Common Stock and 20,574 shares of Common Stock subject to unvested Restricted Stock grants.
- F8Average based on sales prices ranging from $204.83 to $205.04.
- F9The option vests in three equal installments on March 2, 2018, March 2, 2019 and March 2, 2020.