SEC Form 4 · accession 0001209191-17-023183
STAMPS.COM INC · STMP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Bortnak
Officer — Co-President and Corp & BusDev
Period of report
Mar 24, 2017
Accepted (ET)
Mar 28, 2017 · 5:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001082923
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 24, 2017 | M | 5,000 | $32.41 | A | 6,985 | D | |
| Common StockF3,F1 | Mar 24, 2017 | S | 1,600 | $116.5766 | D | 5,385 | D | |
| Common StockF4,F1 | Mar 24, 2017 | S | 2,592 | $117.4171 | D | 2,793 | D | |
| Common StockF5,F1 | Mar 24, 2017 | S | 808 | $118.272 | D | 1,985 | D |
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) | $32.41 | Mar 24, 2017 | M | 5,000 | D | Oct 19, 2015 | Sep 19, 2024 | Common Stock | 5,000 | 45,045 | D |
Explanation of responses
- F1The number of securities beneficially owned reflects an increase of 573 shares inadvertently omitted from the Reporting Person's Form 4 filed on February 24, 2014, which was amended on March 28, 2017.
- F2This sale was executed pursuant to a prearranged trading plan compliant with Rule 10b5-1.
- F3This sale price reflects a weighted average of multiple prices ranging from $116.30 to $116.80. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the issuer or any security holder, upon request.
- F4This sale price reflects a weighted average of multiple prices ranging from $117.00 to $117.95. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the issuer or any security holder, upon request.
- F5This sale price reflects a weighted average of multiple prices ranging from $118.00 to $118.60. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the issuer or any security holder, upon request.