SEC Form 4 · accession 0001209191-15-033862
STAMPS.COM INC · STMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Seth Weisberg
Officer — Chief Legal Officer · Other
Period of report
Apr 9, 2015
Accepted (ET)
Apr 13, 2015 · 8:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082923
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Common Stock)F1,F2 | $66.28 | Apr 9, 2015 | A | 20,000 | A | Apr 9, 2015 | Apr 9, 2025 | Common Stock | 20,000 | 200,000 | D |
Explanation of responses
- F1The options subject to this grant shall be installment options which shall begin to vest and become exercisable only if the closing of the Endicia acquisition (see Stamps.com Inc. 8-K filed March 24, 2015) occurs on or before September 22, 2016. Such options shall vest and become exercisable in equal monthly installments on the last day of each month over the 36 months following the close of the Endicia acquisition. The options hereby granted shall terminate if such close does not occur on or before September 22, 2016.
- F2Note, this option is made pursuant to that amendment (the "Amendment") to our 2010 Equity Incentive Plan as described in the Form 8-K filed with the Securities and Exchange Commission on September 12, 2014. Therefore, this stock option shall not become exercisable, prior to the date, if any, on which our stockholders approve the Amendment.