SEC Form 4 · accession 0001225208-16-038380
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
Aug 23, 2016
Accepted (ET)
Aug 25, 2016 · 6:44 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 | Aug 23, 2016 | M | 2,707 | $19.13 | A | 407,285 | D | |
| Common Stock | Aug 23, 2016 | S | 2,707 | $21.49 | D | 404,578 | D | |
| Common Stock | Aug 24, 2016 | M | 273,420 | $19.13 | A | 677,998 | D | |
| Common StockF2 | Aug 24, 2016 | S | 273,420 | $21.52 | D | 404,578 | 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 | $19.13 | Aug 23, 2016 | M | 2,707 | D | — | Sep 29, 2016 | Common Stock | 2,707 | 273,420 | D |
| Employee Stock Option (Right to Buy)F3 | $19.13 | Aug 24, 2016 | M | 273,420 | D | — | Sep 29, 2016 | Common Stock | 273,420 | 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 May 6, 2016.
- 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 $21.49 to $21.58. 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 four equal annual installments beginning on September 29, 2007.