SEC Form 4 · accession 0001209191-17-011160
WEB.COM GROUP, INC. · WEB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Brown
Officer — Chairman, CEO and President · Director
Period of report
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 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 14, 2017 | A | 100,000 | $0.00 | A | 1,281,998 | D | |
| Common StockF2 | Feb 14, 2017 | A | 28,638 | $0.00 | A | 1,310,636 | D | |
| Common Stock | Feb 14, 2017 | F | 64,034 | $20.70 | D | 1,246,602 | 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 the Performance Restricted Stock Units granted in 2015 and 2016 under the Company's 2014 Equity Incentive Plan. The Performance Stock Units vest over a 3-year period provided the performance measurement criteria are met.
- F3Shares withheld by the Issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.