SEC Form 4 · accession 0001126328-18-000209
PRINCIPAL FINANCIAL GROUP INC · PFG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James P McCaughan
Officer — President - Global Asset Mgmt.
Period of report
Jul 2, 2018
Accepted (ET)
Jul 6, 2018 · 11:19 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001126328
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jul 2, 2018 | M | 10,000 | $30.70 | A | 189,329 | D | |
| Common StockF3,F2 | Jul 2, 2018 | S | 10,000 | $52.72 | D | 179,329 | D | |
| Common StockF3,F2 | Jul 2, 2018 | S | 10,000 | $52.72 | D | 169,329 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $30.70 | Jul 2, 2018 | M | 10,000 | D | Feb 25, 2016 | Feb 25, 2023 | Common Stock | 10,000 | 63,630 | D |
| Phantom Stock UnitsF4,F5 | — | Jun 29, 2018 | A | 202 | D | — | — | Common Stock | 202 | 20,770 | D |
Explanation of responses
- F1Pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 3, 2018.
- F2Includes 11,089 shares acquired pursuant to the Principal Financial Group, Inc. Employee Stock Purchase Plan.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $52.46 - $53.05, inclusive. The reporting person undertakes to provide to Principal Financial Group, Inc., any security holder of Principal Financial Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4The units convert to common stock on a one-for-one basis.
- F5Acquired pursuant to the Principal Financial Group, Inc. Select Savings Excess Plan and may be transferred at any time into another investment alternative under that plan. Interests under the plan will be settled upon the reporting person's retirement or other termination of service.