SEC Form 4 · accession 0001225208-18-013772
BROADRIDGE FINANCIAL SOLUTIONS, INC. · BR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Daly
Officer — CEO · Director
Period of report
Sep 11, 2018
Accepted (ET)
Sep 27, 2018 · 2:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001383312
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 25, 2018 | S | 27,192 | $134.1115 | D | 262,466 | D | |
| Common StockF4 | Sep 11, 2018 | G | 14,039 | $0.00 | A | 19,484 | I | by The EED 2014 Trust |
| Common StockF2 | Sep 25, 2018 | S | 10,000 | $134.1115 | D | 9,484 | I | by The EED 2014 Trust |
| Common StockF5 | Sep 11, 2018 | G | 14,040 | $0.00 | A | 19,485 | I | by The KLD 2014 Trust |
| Common StockF2 | Sep 25, 2018 | S | 10,000 | $134.1115 | D | 9,485 | I | by The KLD 2014 Trust |
| Common StockF6 | Sep 11, 2018 | G | 28,079 | $0.00 | D | 0 | I | by The RD 2016 GRAT |
| Common Stock | holding | — | — | — | 20,000 | I | by The EED 2012 Trust | |
| Common Stock | holding | — | — | — | 20,000 | I | by The KLD 2012 Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported transaction is an open market sale pursuant to 10b5-1 plans adopted by the reporting person, The EED 2014 Trust and The KLD 2014 Trust adopted on June 8, 2018.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.4800 - $134.6100, inclusive. The reporting person undertakes to provide to Broadridge Financial Solutions, Inc., any shareholder of Broadridge Financial Solutions, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F3Reflects the distribution of 20,300 shares from indirect ownership under the reporting person's 2016 grantor retained annuity trust ("The RD 2016 GRAT") to direct ownership by the reporting person as an annuity payment in accordance with the terms of the grant instrument. On September 11, 2018, The RD 2016 GRAT distributed 14,039 shares to The 2014 EED Trust and 14,040 to The 2014 KLD 2014 Trust. The RD 2016 GRAT no longer owns any shares of the Registrant's common stock.
- F4Represents the gift of securities distributed from The RD 2016 GRAT to the EED 2014 Trust, Richard Daly and Deborah Daly, Trustees, a family trust held for the benefit of the reporting person's child.
- F5Represents the gift of securities distributed from The RD 2016 GRAT to the KLD 2014 Trust, Richard Daly and Deborah Daly, Trustees, a family trust held for the benefit of the reporting person's child.
- F6Reflects the distribution of 28,079 shares from The RD 2016 GRAT to The EED 2014 Trust and The KLD 2014 Trust. The RD 2016 GRAT no longer owns any shares of the Registrant's common stock.