SEC Form 4 · accession 0001402057-18-000084
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil B Fairfield
Officer — See Remarks
Period of report
Mar 7, 2018
Accepted (ET)
Mar 9, 2018 · 4:24 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 7, 2018 | M | 1,985 | $37.79 | A | 5,853 | D | |
| Common Stock, par value $0.01 | Mar 7, 2018 | M | 2,325 | $39.79 | A | 8,178 | D | |
| Common Stock, par value $0.01 | Mar 7, 2018 | M | 2,523 | $58.90 | A | 10,701 | D | |
| Common Stock, par value $0.01F1 | Mar 7, 2018 | S | 6,833 | $74.49 | D | 3,868 | 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)F2 | $37.79 | Mar 7, 2018 | M | 1,985 | D | — | Feb 19, 2025 | Common Stock, par value $0.01 | 1,985 | 0 | D |
| Employee Stock Option (Right to Buy)F3 | $39.79 | Mar 7, 2018 | M | 2,325 | D | — | Mar 2, 2026 | Common Stock, par value $0.01 | 2,325 | 2,325 | D |
| Employee Stock Option (Right to Buy)F4 | $58.90 | Mar 7, 2018 | M | 2,523 | D | — | Feb 28, 2027 | Common Stock, par value $0.01 | 2,523 | 5,047 | D |
Explanation of responses
- F1The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $74.47 to $74.504 , inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
- F2The options vested as to one third of the shares on each of February 19, 2016, 2017 and 2018 . The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
- F3The options vest as to one third of the shares on each of March 2, 2017, 2018 and 2019 . The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
- F4The options vest as to one third of the shares on each of February 28, 2018, 2019 and 2020. The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
Remarks
Vice President, Controller and Chief Accounting Officer