SEC Form 4 · accession 0001402057-18-000187
CDW Corp · CDW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine A Leahy
Officer — See Remarks
Period of report
Aug 7, 2018
Accepted (ET)
Aug 9, 2018 · 5:19 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 | Aug 7, 2018 | M | 13,889 | $24.29 | A | 93,177 | D | |
| Common Stock, par value $0.01F1,F2 | Aug 7, 2018 | S | 17,500 | $86.15 | D | 75,677 | 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 | $24.29 | Aug 7, 2018 | M | 13,889 | D | — | Feb 25, 2024 | Common Stock, par value $0.01 | 13,889 | 26,251 | 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 $85.65 to $86.47, 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.
- F340,140 options were granted of which one third of the shares vested on each of February 25, 2015, 2016, and 2017. The grant was made under the CDW Corporation 2013 Long-Term Incentive Plan.
Remarks
Chief Revenue Officer