SEC Form 4 · accession 0001091171-15-000156
BLUE NILE INC · NILE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lauren Neiswender
Officer — General Counsel
Period of report
Nov 20, 2015
Accepted (ET)
Nov 24, 2015 · 7:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001091171
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 20, 2015 | M | 10,938 | $31.26 | A | 23,518 | D | |
| Common StockF2,F1 | Nov 20, 2015 | S | 10,938 | $36.81 | D | 12,580 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F4,F3 | $31.26 | Nov 20, 2015 | M | 10,938 | D | — | May 31, 2016 | Common Stock | 10,938 | 0 | D |
Explanation of responses
- F1Includes vested and unvested units of restricted stock.
- F2Represents the weighted average sale price. The highest price at which the shares were sold was $36.9625, and the lowest price at which the shares were sold was $36.74.
- F325% of the option shares vest on June 1, 2007, and one forty-eighth of the option shares vest in equal monthly installments over the following thirty-six months.
- F4Not applicable.