SEC Form 4 · accession 0001225208-18-013652
Old QVC Group, Inc. · QVCGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark C Vadon
Director
Period of report
Sep 18, 2018
Accepted (ET)
Sep 20, 2018 · 6:32 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 Common Stock | Sep 18, 2018 | M | 648,551 | $15.64 | A | 653,244 | D | |
| Series A Common StockF1 | Sep 18, 2018 | S | 122,574 | $22.0511 | D | 530,670 | D | |
| Series A Common StockF2 | Sep 18, 2018 | F | 525,977 | $22.05 | D | 4,693 | D |
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) - QRTEAF3 | $15.64 | Sep 18, 2018 | M | 648,551 | D | — | May 15, 2023 | Series A Common Stock | 648,551 | 216,186 | D |
Explanation of responses
- F1The price is a weighted average price. These shares were sold in multiple transactions ranging from $22.0000 to $22.0821, 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 price is a weighted average price. These shares were withheld in multiple transactions ranging from $22.0000 to $22.0800, 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 withheld at each separate price within the range.
- F3The option is early-exercisable at any time by the holder of the option. This option is divided into five equal sub-grants. Each sub-grant vests in 48 monthly installments commencing on the following dates: May 16, 2013 (first sub-grant), May 16, 2014 (second sub-grant), May 16, 2015 (third sub-grant), May 16, 2016 (fourth sub-grant) and May 16, 2017 (fifth sub-grant).