SEC Form 4 · accession 0001127602-15-008418
UNITED ONLINE INC · UNTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle D Stalick
Officer — SVP & Chief Accounting Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 7:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001142701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3,F4,F5 | Feb 23, 2015 | A | 4,500 | $0.00 | A | 17,973 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F6 | $15.26 | Feb 23, 2015 | A | 13,500 | A | — | Feb 22, 2025 | Common Stock | 13,500 | 13,500 | D |
Explanation of responses
- F1Represents an award of restricted stock units. Each unit will entitle the Reporting Person to one share of the Issuer's common stock upon vesting. The units will vest and become issuable in three successive equal annual installments on February 15, 2016, February 15, 2017 and February 15, 2018, provided the Reporting Person continues in the Issuer's service through each applicable vesting date.
- F2Includes 2,618 shares subject to a restricted stock unit award granted on February 29, 2012 that will be issued as those units vest.
- F3Includes 7,855 shares subject to a restricted stock unit award granted on March 6, 2013 that will be issued as those units vest.
- F4Includes 3,000 shares subject to a restricted stock unit award granted on March 6, 2014 that will be issued as those units vest.
- F5Includes 4,500 shares subject to the reported restricted stock unit award.
- F6The option shall vest and become exercisable as follows: one-third will vest and become exercisable upon the Reporting Person's continuation in service through February 15, 2016, and the balance will vest and became exercisable in 24 equal monthly installments upon the Reporting Person's completion of each additional month of service thereafter.