SEC Form 4 · accession 0001402057-18-000117
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal J. Campbell
Officer — See Remarks
Period of report
Apr 16, 2018
Accepted (ET)
Apr 18, 2018 · 4:24 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 | Apr 16, 2018 | M | 3,500 | $17.00 | A | 32,711 | D | |
| Common Stock, par value $0.01F2,F3 | Apr 16, 2018 | S | 3,500 | $69.56 | D | 29,211 | D | |
| Common Stock, par value $0.01F2 | Apr 16, 2018 | S | 305 | $70.19 | D | 28,906 | 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 | $17.00 | Apr 16, 2018 | M | 3,500 | D | — | Mar 10, 2021 | Common Stock, par value $0.01 | 3,500 | 42,672 | D |
Explanation of responses
- F1Since the date of the reporting person's last ownership report, he transferred 2,813 shares to his former spouse pursuant to a domestic relations order. In addition, since the date of the reporting person's last ownership report, he transferred 2,679 vested stock options with a grant date of February 19, 2015, 2,545 vested stock options with a grant date of March 2, 2016 and 2,916 vested stock options with a grant date of February 28, 2017 to his former spouse pursuant to a domestic relations order. As a result, stock options held by the reporting person following such transfers are, respectively, 9,824 (grant date of February 25, 2015), 11,875 (grant date of March 2, 2016) and 16,519 (grant date of February 28, 2017).
- F2The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 19, 2017, amended March 23, 2018.
- F3The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $69.06 to $69.84, 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.
- F4Options for 80,105 shares were granted at the time of the initial public offering of CDW Corporation on June 26, 2013 (the "IPO"), of which options for 60,029 shares were vested upon issuance and the remaining options vested daily on a pro rata basis from June 26, 2013 through March 9, 2016.
Remarks
Senior Vice President- Strategic Solutions and Services