SEC Form 4 · accession 0001095291-16-000099
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Brown
Officer — Chief Executive Officer · Director
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 5:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001095291
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 17, 2016 | A | 100,000 | $0.00 | A | 1,163,897 | D | |
| Common StockF2 | Feb 17, 2016 | A | 53,145 | $17.47 | A | 1,217,042 | D | |
| Common StockF3 | Feb 17, 2016 | F | 83,327 | $17.47 | D | 1,133,715 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Award of restricted stock granted under the Company's 2014 Equity Incentive Plan. The shares vest in equal annual increments over four years.
- F2These shares are the payout of the award of Performance Restricted Stock Units granted in 2015 under the 2014 Equity Incentive Plan. The Performance Restricted Stock Units vest over a 3-year period, provided the measurement criteria is met. For the year ended December 31, 2015 the performance measuring criteria was met.
- F3Surrender of shares to pay applicable tax withholding due to the vesting of restricted stock and the performance restricted stock units.