SEC Form 4 · accession 0001209191-17-066188
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
Dec 15, 2017
Accepted (ET)
Dec 18, 2017 · 5:30 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 Stock | Dec 15, 2017 | M | 134,162 | $8.74 | A | 1,380,764 | D | |
| Common Stock | Dec 15, 2017 | F | 86,234 | $22.725 | D | 1,294,530 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Rt to Buy)F2 | $8.74 | Dec 15, 2017 | M | 134,162 | D | — | May 12, 2018 | Common Stock | 134,162 | 0 | D |
Explanation of responses
- F1Shares withheld by the Issuer to satisfy the cost of the option exercise and the mandatory tax withholding requirements. This is not an open market sale of securities.
- F2The Option Shares are fully vested and immediately exercisable.