SEC Form 4 · accession 0000899681-16-001092
INTERSECTIONS INC · INTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James L Kempner
Director
Period of report
Feb 1, 2016
Accepted (ET)
Feb 3, 2016 · 6:04 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 Stock | Feb 1, 2016 | M | 1,250 | $0.00 | A | 31,465 | D | |
| Common StockF1 | holding | — | — | — | 44,394 | I | By Trusts |
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 | — | Feb 1, 2016 | M | 1,250 | D | Feb 1, 2016 | Feb 1, 2016 | Common Stock | 1,250 | 0 | D |
| Restricted Stock UnitF2,F3 | — | Feb 3, 2016 | A | 5,000 | A | — | — | Common Stock | 5,000 | 5,000 | D |
Explanation of responses
- F1The shares of common stock reported herein are held in equal amounts of 14,798 by three separate trusts, each trust for the benefit of one of the Reporting Person's children. The Reporting Person and the Reporting Person's spouse serve as co-trustees for each trust.
- 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 restricted stock units will vest in four equal annual installments beginning on February 3, 2017.