SEC Form 4 · accession 0001091171-16-000195
BLUE NILE INC · NILE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott E Howe
Director
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 8:40 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 | Mar 7, 2016 | A | 24 | $0.00 | A | 7,801 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents additional restricted stock units (RSUs) issued as dividend equivalents resulting from an adjustment of outstanding unvested RSUs by a factor of 1.0267 in connection with the special cash dividend declared by the Issuer's board of directors on February 9, 2016. The unvested RSUs were issued on January 1, 2014. The adjustment of outstanding unvested RSUs was required pursuant to the terms of the Issuer's equity plans' governing documents. These reported RSUs are subject to the same vesting schedules as the original RSUs to which they relate.
- F2Includes vested and unvested units of restricted stock.