SEC Form 4 · accession 0001127602-15-007293
PRICE T ROWE GROUP INC · TROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward C Bernard
Officer — Vice COB & Vice President · Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 1:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001113169
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 18, 2015 | A | 5,250 | $0.00 | A | 616,923 | D | |
| Common StockF2 | Feb 19, 2015 | A | 122 | $85.6154 | A | 617,046 | D | |
| Common Stock | holding | — | — | — | 77,500 | I | 2012 Ellen N. Bernard Family Trust | |
| Common Stock | holding | — | — | — | 201,963 | I | 2008 Bernard Family Trust | |
| Common Stock | holding | — | — | — | 60,500 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $82.97 | Feb 19, 2015 | A | 15,000 | A | Dec 9, 2016 | Feb 19, 2025 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1On February 18, 2015, the Executive Compensation Committee certified that the performance threshold on certain performance-based restricted stock awards were met. The awards are settled in shares of common stock upon vesting. The awards vest in five equal annual installments beginning on December 10, 2015.
- F2Shares acquired pursuant to the T. Rowe Price Group, Inc. Employee Stock Purchase Plan at the noted weighted-average price.
- F302/19/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/09/2016.