SEC Form 4 · accession 0001144204-15-012305
Dealertrack Technologies, Inc · TRAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric Douglas Jacobs
Officer — EVP, CFO and CAO
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 5:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001333513
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Feb 24, 2015 | A | 3,360 | $0.00 | A | 47,662 | D | |
| Common StockF3,F1 | Feb 24, 2015 | F | 1,673 | $40.78 | D | 45,989 | D | |
| Common StockF1 | Feb 24, 2015 | M | 12,000 | $0.00 | A | 57,989 | D | |
| Common StockF4,F5,F1 | Feb 24, 2015 | S | 12,000 | $40.9569 | D | 45,989 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy) | $11.76 | Feb 24, 2015 | M | 2,000 | D | Jan 27, 2009 | Jan 26, 2016 | Common | 2,000 | 23,000 | D |
| Non-Qualified Stock Option (right to buy) | $20.68 | Feb 24, 2015 | M | 10,000 | D | Jan 27, 2006 | Jan 26, 2016 | Common | 10,000 | 0 | D |
Explanation of responses
- F1Includes 19,216 restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of Dealertrack common stock. The restricted stock units vested in four equal annual installments which began on February 24, 2012.
- F3Represents shares withheld from vested RSUs for the payment of applicable income and payroll withholding taxes due on vesting.
- F4The sales reported in this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2014.
- F5This transaction was executed in multiple trades at prices ranging from $40.09 to $42.68. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.