SEC Form 4 · accession 0001127602-16-046783
Pandora Media, LLC · P
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher Douglas Martin
Officer — Chief Technology Officer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:16 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001230276
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 15, 2016 | F | 1,880 | $9.83 | D | 200,753 | D | |
| Common StockF2 | Mar 15, 2016 | F | 1,880 | $9.83 | D | 198,873 | D | |
| Common StockF3 | Mar 15, 2016 | F | 15,502 | $9.83 | D | 183,371 | D | |
| Common StockF5 | Mar 16, 2016 | S | 2,000 | $9.80 | D | 181,371 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the February 22, 2012 RSU grant as reported on a Form 3 filed on January 25, 2016, 1,880 shares were withheld at vesting to cover required tax withholding.
- F2Pursuant to the terms of the February 10, 2013 RSU grant as reported on a Form 3 filed on January 25, 2016, 1,880 shares were withheld at vesting to cover required tax withholding.
- F3Pursuant to the terms of the April 3, 2013, RSU grant as reported on a Form 3 filed on January 25, 2016, 15,502 shares were withheld at vesting to cover required tax withholding.
- F4Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
- F5These shares were sold in multiple transactions at the price of $9.80.