SEC Form 4 · accession 0001209191-15-056515
TRIPLE-S MANAGEMENT CORP · GTS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Basanta Francisco Martorell
Officer — VP Corporate Development
Period of report
Jun 23, 2015
Accepted (ET)
Jun 25, 2015 · 6:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171662
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock | Jun 23, 2015 | M | 8,881 | $12.49 | A | 23,619 | D | |
| Class B Common Stock | Jun 23, 2015 | F | 4,429 | $25.67 | D | 19,190 | 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)F1 | $12.49 | Jun 23, 2015 | M | 8,881 | D | — | Dec 31, 2016 | Class B Common Stock | 8,881 | 0 | D |
Explanation of responses
- F1The options being exercised are part of a grant of 8,881 options received by the Reporting Person on January 2, 2009. The options vested in three equal installments on each of the first three anniversaries of the grant date. As of January 2, 2012, all options had vested and were exercisable.