SEC Form 4 · accession 0001225208-15-011664
Western Union CO · WU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hikmet Ersek
Officer — President and CEO · Director
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 7:21 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 | May 5, 2015 | M | 142,695 | $11.86 | A | 473,497 | D | |
| Common Stock | May 5, 2015 | M | 87,820 | $20.0979 | A | 561,317 | D | |
| Common StockF2 | May 5, 2015 | S | 87,820 | $21.0231 | D | 473,497 | D | |
| Common StockF3 | May 5, 2015 | S | 142,695 | $20.9589 | D | 330,802 | 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)F4 | $20.0979 | May 5, 2015 | M | 87,820 | D | — | Feb 13, 2016 | Common Stock | 87,820 | 0 | D |
| Employee Stock Option (Right to Buy)F5 | $11.86 | May 5, 2015 | M | 142,695 | D | — | Feb 17, 2019 | Common Stock | 142,695 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 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 $21.00 to $21.09. 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.
- F3The 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 $20.89 to $21.00. 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.
- F4This option vested in four equal annual installments beginning on February 13, 2007.
- F5This option vested in four equal annual installments beginning on February 17, 2010.