SEC Form 4 · accession 0001209191-15-086637
Mondelez International, Inc. · MDLZ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irene B Rosenfeld
Officer — Chairman & CEO · Director
Period of report
Dec 19, 2015
Accepted (ET)
Dec 22, 2015 · 4:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001103982
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Dec 19, 2015 | M | 308,464 | $0.00 | A | 1,953,078 | D | |
| Class A Common StockF2 | Dec 21, 2015 | F | 133,720 | $43.30 | D | 1,819,358 | D | |
| Class A Common StockF3 | Dec 21, 2015 | F | 35,243 | $44.44 | D | 1,784,115 | D | |
| Class A Common Stock | holding | — | — | — | 100 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | $0.00 | Dec 19, 2015 | M | 308,464 | D | — | Dec 19, 2018 | Class A Common Stock | 308,464 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of performance-contingent restricted stock units under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- F3Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock under the Issuer's Amended and Restated 2005 Performance Incentive Plan.
- F4The vesting of the performance-contingent restricted stock units depended on the Company's closing price maintaining an average at or above specified thresholds for a minimum period of 10 consecutive trading days. The first two share price thresholds ($31.12 and $33.72) were met during 2013 and the final share price threshold ($36.31) was met during 2014. Per the terms of the grant, Ms. Rosenfeld received the award of Company common stock in connection with the performance-contingent restricted stock unit grant on December 19, 2015 (the three-year anniversary of the grant date).