SEC Form 4 · accession 0001209191-15-053897
Actua Corp · ACTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Adelman
Director
Period of report
Jun 12, 2015
Accepted (ET)
Jun 16, 2015 · 5:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001085621
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.001 per shareF1 | Jun 12, 2015 | A | 6,454 | $0.00 | A | 49,721 | D | |
| Common Stock, par value $.001 per shareF2 | Jun 12, 2015 | A | 22,500 | $0.00 | A | 72,221 | D | |
| Common Stock, par value $.001 per shareF3 | holding | — | — | — | 20,000 | I | Held by Darco Capital, LP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This amount represents grants of restricted shares granted pursuant to the Actua Second Amended and Restated Non-Management Director Compensation Plan in respect of board and board committee service. These shares will vest on July 12, 2016, provided that the reporting person is serving on the board or applicable board committee on the vesting date.
- F2This amount represents a triennial service equity grant of restricted shares granted pursuant to the Actua Second Amended and Restated Non-Management Director Compensation Plan. 7,500 of these restricted shares will vest on June 12, 2016 and the remainder of the grant will vest ratably on a quarterly basis between June 12, 2016 and June 12, 2018, so long as the reporting person is serving on the board on the applicable vesting date.
- F3Darco Capital, LP is a limited partnership controlled by the reporting person. The reporting person disclaims beneficial ownership of any shares held by Darco Capital, LP that exceed his pecuniary interest therein.