SEC Form 4 · accession 0001225208-15-009464
Western Union CO · WU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Diane Scott
Officer — EVP & Chief Marketing Officer
Period of report
Apr 1, 2015
Accepted (ET)
Apr 3, 2015 · 1:08 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 | Apr 1, 2015 | M | 56,719 | $14.00 | A | 84,828 | D | |
| Common Stock | Apr 1, 2015 | M | 50,101 | $17.86 | A | 134,929 | D | |
| Common Stock | Apr 1, 2015 | M | 20,000 | $16.00 | A | 154,929 | D | |
| Common Stock | Apr 1, 2015 | M | 15,000 | $11.86 | A | 169,929 | D | |
| Common Stock | Apr 1, 2015 | M | 8,594 | $16.49 | A | 178,523 | D | |
| Common StockF2 | Apr 1, 2015 | S | 144,014 | $20.5892 | D | 34,509 | 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 | Apr 1, 2015 | M | 15,000 | D | — | Feb 17, 2019 | Common Stock | 15,000 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $14.00 | Apr 1, 2015 | M | 56,719 | D | — | Feb 20, 2023 | Common Stock | 56,719 | 56,719 | D |
| Employee Stock Option (Right to Buy)F5 | $17.86 | Apr 1, 2015 | M | 50,101 | D | — | Feb 23, 2022 | Common Stock | 50,101 | 16,701 | D |
| Employee Stock Option (Right to Buy)F6 | $16.00 | Apr 1, 2015 | M | 20,000 | D | — | Feb 24, 2020 | Common Stock | 20,000 | 0 | D |
| Employee Stock Option (Right to Buy)F7 | $16.49 | Apr 1, 2015 | M | 8,594 | D | — | Sep 15, 2021 | Common Stock | 8,594 | 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 December 12, 2014.
- 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 $20.42 to $20.75. 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 23, 2013, 2014 and 2015, and the remainder vests in a 25% installment on February 23, 2016.
- F6This option vested in 25% installments on February 24, 2011, 2012, 2013 and 2014.
- F7This option vested in 25% installments on March 15, 2012, and February 24, 2013, 2014, and 2015.