SEC Form 4 · accession 0001104659-16-162399
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
Dec 13, 2016
Accepted (ET)
Dec 15, 2016 · 6:49 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 Stock | Dec 13, 2016 | M | 20,000 | $8.315 | A | 384,267 | D | |
| Common StockF1 | Dec 13, 2016 | S | 20,000 | $106.873 | D | 364,267 | D | |
| Common StockF2 | Dec 13, 2016 | S | 40,000 | $106.079 | D | 324,267 | D | |
| Common StockF3 | Dec 15, 2016 | G | 2,375 | $0.00 | D | 321,892 | D | |
| Common StockF4 | 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 BuyF5 | $8.315 | Dec 13, 2016 | M | 20,000 | D | — | Mar 10, 2020 | Common Stock | 20,000 | 84,431 | D |
Explanation of responses
- F1Represents weighted average sale price for executed sale transactions for this lot on December 13, 2016. The range of prices for such transactions was from $105.82 to $107.375. 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.
- F2Represents weighted average sale price for executed sale transactions for this lot on December 13, 2016. The range of prices for such transactions was from $105.63 to $106.55. 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.
- F3Represents a transfer of shares of common stock for charitable purposes. The reporting person disclaims beneficial ownership of such transferred shares.
- F4Reflects number of shares held under the reporting person's account in the Company's 401(k) plan as of December 13, 2016.
- F5In connection with an option award granted to the reporting person on March 11, 2010 and previously reported on Form 4, one-third of the option shares became exercisable on each of March 11th 2011, 2012 and 2013.