SEC Form 4 · accession 0001402057-17-000035
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ann Elizabeth Ziegler
Officer — See Remarks
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 5:40 pm EDT
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 $0.01F1 | Mar 10, 2017 | A | 28,660 | $0.00 | A | 62,176 | D | |
| Common Stock, par value $0.01F2,F3 | Mar 14, 2017 | F | 13,099 | $59.42 | D | 49,077 | 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)F4 | $58.90 | Mar 13, 2017 | A | 57,284 | A | — | Feb 28, 2027 | Common Stock, par value $0.01 | 57,284 | 57,284 | D |
Explanation of responses
- F1Represents shares acquired upon the vesting of performance share units previously granted to the reporting person.
- F2Represents shares withheld to cover taxes incurred in connection with the settlement of performance share units.
- F3In previously filed Section 16 reports, the reporting person has reported an indirect pecuniary interest in shares of CDW Corporation common stock held by the Ann E. Ziegler 2012 Gift Trust (the "Trust"). In this Form 4 the reporting person is not including any indirect interest as with the termination of the shareholders agreement that was executed in connection with the CDW Corporation initial public offering, it has been determined that she no longer has a reportable pecuniary interest in any shares held by the Trust.
- F4The 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.
Remarks
Senior Vice President and Chief Financial Officer