SEC Form 4 · accession 0001225208-16-030552
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher W Shean
Officer — Chief Financial Officer
Period of report
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 7:42 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001355096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Series A QVC Group Common Stock | Mar 29, 2016 | M | 162,990 | $17.74 | A | 384,827 | D | |
| Series A QVC Group Common StockF1 | Mar 29, 2016 | S | 65,254 | $24.6976 | D | 319,573 | D | |
| Series A QVC Group Common Stock | Mar 29, 2016 | F | 137,371 | $24.73 | D | 182,202 | D | |
| Series A QVC Group Common StockF2 | holding | — | — | — | 10,219 | I | By 401(k) Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy) QVCAF3 | $17.74 | Mar 29, 2016 | M | 162,990 | D | — | Mar 19, 2020 | Series A QVC Group Common Stock | 162,990 | 162,990 | D |
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions ranging from $24.6640 to $24.7570, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, the Issuer or any security holder of the Issuer, upon request, full information regarding the number of shares sold at each separate price within the range.
- F2The number of shares reported as held in the reporting person's 401(k) is based on a statement from the Plan Administrator dated as of February 29, 2016.
- F3The derivative security is fully vested.