SEC Form 4 · accession 0001127602-16-050631
PRICE T ROWE GROUP INC · TROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
H Lawrence Culp Jr.
Director
Period of report
Apr 29, 2016
Accepted (ET)
May 3, 2016 · 9:59 am 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 Stock | holding | — | — | — | 4,350 | D | ||
| Common Stock | holding | — | — | — | 874 | I | Culp Dynasty Trust | |
| Common Stock | holding | — | — | — | 249 | I | Culp Family Foundation | |
| Common Stock | holding | — | — | — | 884 | I | Wendy H. Culp Revocable Trust | |
| Common Stock | holding | — | — | — | 2,064 | I | Winterset Lane, LLC |
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)F1 | $75.29 | Apr 29, 2016 | A | 4,350 | A | — | Apr 29, 2026 | Common Stock | 4,350 | 4,350 | D |
Explanation of responses
- F1Pursuant to the Amended and Restated 2007 Non-Employee Director Equity Plan, this stock option was issued at $75.29 per share, the closing price of TROW shares on April 29, 2016. 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.