SEC Form 4 · accession 0001127602-15-015512
PRICE T ROWE GROUP INC · TROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald B Hebb Jr.
Director
Period of report
Apr 27, 2015
Accepted (ET)
Apr 29, 2015 · 1:01 pm EDT
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 | Apr 27, 2015 | A | 1,300 | $0.00 | A | 26,471 | D | |
| Common Stock | holding | — | — | — | 27,225 | I | Donald B. Hebb, Jr. BTAB Irrevocable Trust | |
| Common Stock | holding | — | — | — | 10,500 | I | The SDP V Irrevocable Trust by Donald B. Hebb, Jr., Settlor |
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)F2 | $31.4703 | holding | — | — | — | Oct 31, 2006 | Oct 31, 2015 | Common Stock | 4,163 | 4,163 | D |
| Stock Options (Right to Buy)F2 | $39.3187 | holding | — | — | — | May 1, 2007 | May 1, 2016 | Common Stock | 4,163 | 4,163 | D |
| Stock Options (Right to Buy)F2 | $44.9864 | holding | — | — | — | Oct 30, 2007 | Oct 30, 2016 | Common Stock | 4,163 | 4,163 | D |
Explanation of responses
- F1Pursuant to the Amended and Restated 2007 Non-Employee Director Equity Plan, this restricted stock award issued at $82.40 per share, the closing price of TROW shares on April 27, 2015. The forfeiture provisions of the this award will vest upon the earliest of the following: (a) one year after the date of award, (b) the day immediately prior to the annual meeting of stockholders of the Company at which members of the Board of Directors are to be elected that occurs in the next calendar year following the year in which the date of award occurs, (c) death or (d) immediately before and contingent upon the occurrence of a Change in Control.
- F2As required under the relevant plan and option agreements, the strike price and number of shares subject to outstanding stock options were adjusted by 1.56% on December 13,2012, and by 2.5% on April 7, 2015, the ex-dividend dates, as a result of special dividends that were declared by T. Rowe Price Group, Inc.