SEC Form 4 · accession 0001179110-16-025331
Booking Holdings Inc. · BKNG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffery H Boyd
Officer — Interim CEO & President · Director
Period of report
May 19, 2016
Accepted (ET)
May 23, 2016 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001075531
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 19, 2016 | A | 6,313 | $0.00 | A | 101,139 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a grant of restricted stock units. Subject to continued service, the shares will vest either (A) 50% on the first day of employment of a new CEO and 50% on the earlier of (i) the 2017 annual stockholders meeting (June 2017) or (ii) 6 months following the first day of employment of a new CEO or (B) if the first day of employment of a new CEO does not occur by the date of the 2017 annual stockholders meeting, the the award will fully vest on the date of the annual meeting. The award may vest earlier than either (A) or (B) in the event of, among other things, a "change in control" (as defined in the restricted stock unit agreement) of the Company and/or termination of employment in certain circumstances.