SEC Form 4 · accession 0001209191-16-154253
Endurance International Group Holdings, Inc. · EIGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth J Surdan
Officer — Chief Product Officer
Period of report
Dec 6, 2016
Accepted (ET)
Dec 8, 2016 · 7:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001237746
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3,F4 | Dec 6, 2016 | S | 913 | $7.70 | D | 228,447 | D | |
| Common StockF2,F5,F4 | Dec 7, 2016 | S | 1,153 | $8.00 | D | 227,294 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares automatically sold to satisfy the issuer's tax withholding obligations in connection with the vesting of restricted stock units that were assumed by the issuer on February 9, 2016.
- F2The automatic sale of the reporting person's shares is provided for in a restricted stock unit agreement constituting a "binding contract" consistent with the affirmative defense to liability under Rule 10b5-1.
- F3The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.70 to $8.00 per share, 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 range set forth in this footnote to this Form 4.
- F4Includes 187,349 shares of common stock underlying restricted stock units, all of which are subject to time-based vesting.
- F5The price reported in Column 4 of Table I is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.00 to $8.06 per share, 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 range set forth in this footnote to this Form 4.