SEC Form 4 · accession 0001127602-18-015575
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 27, 2018
Accepted (ET)
Apr 30, 2018 · 4:37 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, 2018 | A | 1,755 | $0.00 | A | 8,942 | 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
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the 2017 Non-Employee Director Equity Plan, this restricted Award Shares was issued at $114.02 per share, the closing price of TROW shares on April 27, 2018. The forfeiture provisions of the Award Shares and all accrued dividends attributed to such Award Shares, will vest in full and become nonforfeitable upon the earliest of the following dates: (a) the day immediately prior to the Annual Meeting that occurs in the next calendar year following the year in which the Award Shares were granted as reflected on the Notice, (b) date of death, (c) the date on which it has been determined that the award holder suffered, a Total and Permanent Disability, or (d) the date on which a Change in Control occurs, in which case the vesting will take place immediately before and contingent upon the occurrence of the Change in Control.