SEC Form 4 · accession 0001104659-15-004269
UNITED RENTALS, INC. · URI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Kneeland
Officer — President and CEO · Director
Period of report
Jan 21, 2015
Accepted (ET)
Jan 23, 2015 · 7:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001067701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 21, 2015 | A | 113,873 | $87.56 | A | 435,876 | D | |
| Common StockF2 | Jan 21, 2015 | F | 53,779 | $87.56 | D | 382,097 | D | |
| Common Stock | Jan 23, 2015 | M | 20,000 | $3.375 | A | 402,097 | D | |
| Common StockF4 | Jan 23, 2015 | S | 20,000 | $88.567 | D | 382,097 | D | |
| Common StockF5 | holding | — | — | — | 8,999 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option - Right to BuyF6 | $3.375 | Jan 23, 2015 | M | 20,000 | D | — | Mar 12, 2019 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Represents shares delivered upon vesting of performance-based restricted stock units. Units are settled with shares of common stock on a one-for-one basis.
- F2Securities disposed of represent shares surrendered for tax purposes in connection with the vesting and settlement of performance-based restricted stock units.
- F3The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan on behalf of the reporting person.
- F4Represents weighted average sale price for executed sale transactions on January 23, 2015. The range of prices for such transactions was from $86.99 to $89.43. The reporting person hereby undertakes, upon request by the Commission staff, the issuer, or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price within the range.
- F5Reflects number of shares held under the reporting person's account in the Company's 401(k) plan as of January 21, 2015.
- F6In connection with an option award granted to the reporting person on March 13, 2009 and previously reported on Form 4, one-third of the option shares became exercisable on each of March 13th 2010, 2011 and 2012.