SEC Form 4 · accession 0001127602-17-027656
PRICE T ROWE GROUP INC · TROW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Stromberg
Officer — CEO and President · Director
Period of report
Sep 6, 2017
Accepted (ET)
Sep 19, 2017 · 10:40 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 StockF1 | Sep 6, 2017 | A | 13,074 | $0.00 | A | 517,449 | D | |
| Common Stock | Sep 15, 2017 | M | 44,744 | $47.6474 | A | 562,193 | D | |
| Common Stock | Sep 15, 2017 | F | 35,062 | $84.72 | D | 527,131 | D | |
| Common Stock | holding | — | — | — | 96,000 | I | 2016 Stromberg Family Trust | |
| Common Stock | holding | — | — | — | 400,000 | I | Lake Shore Partners 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)F2 | $47.6474 | Sep 15, 2017 | M | 44,744 | D | Nov 1, 2011 | Feb 18, 2020 | Common Stock | 44,744 | 0 | D |
Explanation of responses
- F1On September 6, 2017, the Executive Compensation and Management Development Committee (ECMDC) formerly known as 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 8, 2017.
- F202/18/2010 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2011.