SEC Form 4 · accession 0000899681-16-001459
INTERSECTIONS INC · INTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Michael R Stanfield
Officer — Chariman and CEO · Director
Period of report
May 25, 2016
Accepted (ET)
May 27, 2016 · 3:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095277
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | May 25, 2016 | A | 350,000 | A | — | — | Common Stock | 350,000 | 350,000 | D |
Explanation of responses
- F1Each 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. The Reporting Person also was granted on May 25, 2016 an award of performance-based restricted stock units under the Issuer's 2014 Stock Incentive Plan, which represent a contingent right to receive a number of shares of the Issuer's common stock or, at the Issuer's option, cash or a combination of the two, based on the achievement of certain performance measures.
- F2The restricted stock units will vest in full on January 1, 2019.