SEC Form 4 · accession 0001127602-16-060533
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
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 5:54 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 | Aug 15, 2016 | F | 1,574 | $13.23 | D | 342,896 | D | |
| Common StockF2 | Aug 15, 2016 | F | 327 | $13.23 | D | 342,569 | D | |
| Common StockF4 | Aug 16, 2016 | S | 2,000 | $13.206 | D | 340,569 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Pursuant to the terms of the March 11, 2015 RSU grant as reported on a Form 3 filed on January 25, 2016, 1,574 shares were withheld at vesting to cover required tax withholding.
- F2Pursuant to the terms of the March 18, 2014 RSU grant as reported on a Form 3 filed on January 25, 2016, 327 shares were withheld at vesting to cover required tax withholding.
- F3Shares disposed of pursuant to a previously established Rule 10b5-1 plan.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.18 to $13.23, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer 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 footnote (4) to this Form 4.