SEC Form 4 · accession 0001144204-15-035321
Dealertrack Technologies, Inc · TRAK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Chapnik
Director
Period of report
Jun 1, 2015
Accepted (ET)
Jun 3, 2015 · 6:01 pm EDT
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 StockF1,F2 | Jun 1, 2015 | A | 4,388 | $0.00 | A | 4,388 | D | |
| Common StockF4 | holding | — | — | — | 39,125 | I | These shares are owned by an investment fund |
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)F3 | $41.02 | Jun 1, 2015 | A | 24,580 | A | — | May 31, 2022 | Common Stock | 24,580 | 24,580 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Dealertrack common stock. The restricted stock units will vest on the date of the Issuer's 2016 Annual Meeting of Stockholders or such date as the director elects to defer receipt of the shares.
- F2Includes 4,388 restricted stock units.
- F3The options will vest over 3 years, 33% each year on the anniversary of the grant date June 1, 2016, June 1, 2017 and June 1 2018.
- F4The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.