SEC Form 4 · accession 0001127602-15-025066
UNITED ONLINE INC · UNTD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark Harrington
Officer — EVP & General Counsel
Period of report
Aug 15, 2015
Accepted (ET)
Aug 17, 2015 · 7:56 pm EDT
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 | Aug 15, 2015 | A | 30,915 | $0.00 | A | 30,915 | 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)F3 | $12.13 | Aug 15, 2015 | A | 92,745 | A | — | Aug 14, 2025 | Common Stock | 92,745 | 92,745 | 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 August 3, 2016, August 3, 2017 and August 3, 2018, provided the Reporting Person continues in the Issuer's service through each applicable vesting date.
- F2Includes 30,915 shares subject to the reported restricted stock unit award.
- F3The option shall vest and become exercisable as follows: one-third will vest and become exercisable upon the Reporting Person's continuation in service through August 3, 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.