SEC Form 4 · accession 0001209191-15-086425
Discover Financial Services · DFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger C Hochschild
Officer — President & COO
Period of report
Dec 17, 2015
Accepted (ET)
Dec 21, 2015 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001393612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 17, 2015 | A | 100,000 | $0.00 | A | 1,095,096 | D | |
| Common Stock | holding | — | — | — | 969 | I | By ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units are convertible into shares of common stock at a ratio of 1:1. The restricted stock units were granted for retention purposes and vest in full on December 17, 2020, subject to certain forfeiture conditions and acceleration provisions.