SEC Form 4 · accession 0001225208-16-027366
Western Union CO · WU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Grace Chambers
Officer — EVP & Chief Strategy/Prod Ofcr
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 6:15 pm EST
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 StockF1 | Feb 18, 2016 | A | 13,180 | $0.00 | A | 30,182 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock unit award which vests in full on February 18, 2019, if: (1) the Company achieves not less than than $1.5 billion of combined operating income during the period beginning January 1, 2016 and ending December 31, 2018, as determined by the Compensation and Benefits Committee of the Company's Board of Directors based on the Company's 2016, 2017 and 2018 financial statements; and (2) the reporting person is employed by the Company on such vesting date (or as otherwise provided in the Company's Severance-Change In Control Policy (Executive Committee Level)).