SEC Form 4 · accession 0001214659-15-005943
ZIFF DAVIS, INC. · ZD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Cresci
Director
Period of report
Aug 6, 2015
Accepted (ET)
Aug 10, 2015 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001084048
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock $0.01 Par Value | Aug 6, 2015 | M | 15,000 | $18.765 | A | 85,737 | D | |
| Common Stock $0.01 Par ValueF3 | Aug 6, 2015 | S | 8,245 | $73.6261 | D | 77,492 | D | |
| Common Stock $0.01 Par ValueF4 | Aug 6, 2015 | S | 6,755 | $74.2877 | D | 70,737 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF6,F5 | $18.765 | Aug 6, 2015 | M | 15,000 | D | — | Aug 31, 2015 | Common Stock $0.01 Par Value | 15,000 | 45,000 | D |
Explanation of responses
- F1These shares were acquired upon exercise of stock options issued under Issuer's 1997 Stock Option Plan identified as exercised in Part II of this Form 4.
- F2The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person.
- F3Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $73.00 to $73.98 per share. The Reporting Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F4Reflects aggregate reporting of multiple open market transactions. The price reported is the weighted average sale price of sales ranging from $74.01 to $74.47 per share. The Reporting Person hereby undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F5These stock options vested in five (5) equal annual installments commencing on August 31, 2006.
- F6Stock options granted for services rendered; no value placed on services rendered.