SEC Form 4 · accession 0001402057-18-000130
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christina M Corley
Officer — See Remarks
Period of report
May 9, 2018
Accepted (ET)
May 11, 2018 · 4:55 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 $0.01 | May 9, 2018 | M | 45,000 | $17.00 | A | 81,177 | D | |
| Common Stock, par value $0.01F1,F2 | May 9, 2018 | S | 45,000 | $76.94 | D | 36,177 | 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)F3 | $17.00 | May 9, 2018 | M | 45,000 | D | — | Nov 4, 2021 | Common Stock, par value $0.01 | 45,000 | 137,667 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 22, 2018.
- F2The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $76.495 to $77.41, 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.
- F3Options for 182,667 shares were granted at the time of the initial public offering of CDW Corporation on June 26, 2013 of which 63,998 shares vested upon issuance and the remaining options vested daily on a pro-rata basis from June 26, 2013 through September 25, 2016.
Remarks
Senior Vice President- Commercial and International Markets