SEC Form 4 · accession 0000899681-15-000081
INTERSECTIONS INC · INTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael R Stanfield
Officer — Chariman and CEO · Director
Period of report
Feb 1, 2015
Accepted (ET)
Feb 3, 2015 · 6:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 1, 2015 | M | 44,271 | $0.00 | A | 1,572,884 | I | By Stanfield Family Investments LLC |
| Common StockF1 | Feb 1, 2015 | F | 20,313 | $3.42 | D | 1,552,571 | I | By Stanfield Family Investments LLC |
| Common StockF1 | Feb 2, 2015 | M | 64,101 | $0.00 | A | 1,616,672 | I | By Stanfield Family Investments LLC |
| Common StockF1 | Feb 2, 2015 | F | 28,524 | $3.45 | D | 1,588,148 | I | By Stanfield Family Investments LLC |
| Common Stock | holding | — | — | — | 66,352 | D | ||
| Common Stock | holding | — | — | — | 82,500 | I | By wife |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F1,F3 | — | Feb 1, 2015 | M | 44,271 | D | Feb 1, 2015 | Feb 1, 2015 | Common Stock | 44,271 | 44,271 | I |
| Restricted Stock UnitF2 | — | Feb 2, 2015 | M | 64,101 | D | Feb 2, 2015 | Feb 2, 2015 | Common Stock | 64,101 | 0 | I |
Explanation of responses
- F1Shares held by Stanfield Family Investments LLC, a Virginia limited liability company, of which the reporting person is the Managing Member. The reporting person and his spouse are the owners of a 55% interest in Stanfield Family Investments LLC, with the remaining 45% interest owned by trusts for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of all securities held by Stanfield Family Investments LLC except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock or, at the Issuer's option, cash or a combination of the two.
- F3The remaining restricted stock units will vest on February 1, 2016.