SEC Form 4 · accession 0001091171-16-000173
BLUE NILE INC · NILE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jon Sainsbury
Officer — President of International
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 9:36 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,F2 | Feb 15, 2016 | A | 17,047 | $0.00 | A | 31,349 | D | |
| Common StockF3,F2 | Feb 15, 2016 | F | 733 | $24.85 | D | 30,616 | D | |
| Common Stock | holding | — | — | — | 265 | I | By wife |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock issuable upon vesting of a restricted stock unit. Each restricted stock unit represents a contingent right to receive one share of common stock following each vesting date. 25% of the restricted stock units vest on February 15, 2017 and one-sixteenth of the restricted stock units vest in equal quarterly installments over the following thirty-six months.
- F2Includes vested and unvested units of restricted stock.
- F3The reported shares were withheld to cover the reporting person's tax liability in connection with the vesting of restricted stock units previously reported. These shares were not issued to or sold by the reporting person.