SEC Form 4 · accession 0001209191-17-007841
Discover Financial Services · DFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
R Douglas Rose
Officer — SVP, Chief HR Officer
Period of report
Feb 1, 2017
Accepted (ET)
Feb 3, 2017 · 6:51 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 | Feb 1, 2017 | A | 4,137 | $68.77 | A | 20,586 | D | |
| Common StockF2 | Feb 1, 2017 | F | 3,258 | $68.77 | D | 17,328 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares earned upon vesting of non-derivative performance stock units, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). Performance stock units are convertible into shares of common stock at a ratio of 1:1.
- F2Number of shares withheld to pay the tax withholding obligation incurred in connection with the vesting of previously granted restricted stock units and performance stock units.