SEC Form 4 · accession 0001225208-15-008071
Western Union CO · WU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jean Claude Farah
Officer — EVP & Pres. ME/AF/APAC/RS/CIS
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 5:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001365135
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 13, 2015 | M | 27,712 | $16.00 | A | 91,318 | D | |
| Common Stock | Mar 13, 2015 | M | 25,781 | $14.00 | A | 117,099 | D | |
| Common Stock | Mar 13, 2015 | M | 5,875 | $11.86 | A | 122,974 | D | |
| Common StockF2 | Mar 13, 2015 | S | 67,318 | $19.3972 | D | 55,656 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $11.86 | Mar 13, 2015 | M | 5,875 | D | — | Feb 17, 2019 | Common Stock | 5,875 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $14.00 | Mar 13, 2015 | M | 25,781 | D | — | Feb 20, 2023 | Common Stock | 25,781 | 25,782 | D |
| Employee Stock Option (Right to Buy)F5 | $16.00 | Mar 13, 2015 | M | 27,712 | D | — | Feb 24, 2020 | Common Stock | 27,712 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a 10b5-1 trading plan adopted by the reporting person on May 6, 2014, as modified on February 13, 2015.
- F2The reporting person has reported the weighted average sale price for the transactions reported on this line. The range of prices for the reported transactions is $19.32 to $19.50. The reporting person will provide, upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3This option vested in 25% installments on February 17, 2010, 2011, 2012 and 2013.
- F4This option vested in 25% installments on February 20, 2014 and 2015, and the remainder vests in 25% installments on February 20, 2016 and 2017.
- F5This option vested in 25% installments on February 24, 2011, 2012, 2013 and 2014.