SEC Form 4 · accession 0000899681-17-000058
INTERSECTIONS INC · INTX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas L Kempner
Director · 10% Owner
Period of report
Feb 3, 2017
Accepted (ET)
Feb 6, 2017 · 7:33 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 3, 2017 | M | 1,250 | $0.00 | A | 27,000 | D | |
| Common Stock | Feb 4, 2017 | M | 1,250 | $0.00 | A | 28,250 | D | |
| Common StockF1 | holding | — | — | — | 9,689,640 | I | See footnote |
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,F3 | — | Feb 3, 2017 | M | 1,250 | D | Feb 3, 2017 | Feb 3, 2017 | Common Stock | 1,250 | 3,750 | D |
| Restricted Stock UnitF2,F4 | — | Feb 4, 2017 | M | 1,250 | D | Feb 4, 2017 | Feb 4, 2017 | Common Stock | 1,250 | 2,500 | D |
Explanation of responses
- F1Loeb Holding Corporation owns 9,680,541 shares. The reporting person is the beneficial owner of 51% of the voting stock of Loeb Holding Corporation and disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purposes. In addition, the reporting person's spouse owns 9,099 shares, of which the reporting person disclaims beneficial ownership; 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 in three equal annual installments beginning on February 3, 2018.
- F4The remaining restricted stock units will vest in two equal annual installments beginning on February 4, 2018.