SEC Form 4 · accession 0001402057-16-000102
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil B Fairfield
Officer — VICE PRESIDENT & CONTROLLER
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 4:59 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001402057
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 | Mar 9, 2016 | M | 1,014 | $31.64 | A | 1,154 | D | |
| Common Stock, par value $0.01 | Mar 9, 2016 | S | 582 | $40.438 | D | 572 | D | |
| Common Stock, par value $0.01 | Mar 9, 2016 | S | 300 | $40.44 | D | 272 | D | |
| Common Stock, par value $0.01 | Mar 9, 2016 | M | 1,984 | $37.79 | A | 2,256 | D | |
| Common Stock, par value $0.01 | Mar 9, 2016 | S | 1,909 | $40.447 | D | 347 | 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)F1 | $39.79 | Mar 10, 2016 | A | 6,974 | A | — | Mar 2, 2026 | Common Stock, par value $0.01 | 6,974 | 6,974 | D |
| Employee Stock Option (Right to Buy)F2 | $31.64 | Mar 9, 2016 | M | 1,014 | D | — | Aug 13, 2024 | Common Stock | 1,014 | 1,014 | D |
| Employee Stock Option (Right to Buy)F3 | $37.79 | Mar 9, 2016 | M | 1,984 | D | — | Feb 19, 2025 | Common Stock | 1,984 | 3,970 | D |
Explanation of responses
- F1The options vest as to one third of the shares on each of the first three anniversaries of the date of grant. The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
- F2The options vest as to one half of the shares on each of February 25, 2016 and 2017. The grant was made under the LTIP.
- F3The options vest as to one third of the shares on each of the first three anniversaries of the date of grant (February 19, 2015). The grant was made under the LTIP.