SEC Form 4 · accession 0001209191-15-079749
Constant Contact, Inc. · CTCT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ellen Brezniak
Officer — SVP, Customer Operations
Period of report
Nov 11, 2015
Accepted (ET)
Nov 12, 2015 · 5:10 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001405277
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 11, 2015 | M | 11,000 | $2.68 | A | 23,219 | D | |
| Common Stock | Nov 11, 2015 | M | 10,000 | $13.68 | A | 33,219 | D | |
| Common StockF2 | Nov 11, 2015 | S | 21,000 | $31.6497 | D | 12,219 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $2.68 | Nov 11, 2015 | M | 11,000 | D | — | Sep 20, 2016 | Common Stock | 11,000 | 10,391 | D |
| Stock Option (Right to Buy)F4 | $13.68 | Nov 11, 2015 | M | 10,000 | D | — | Dec 4, 2018 | Common Stock | 10,000 | 43,500 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 15, 2015.
- F2Represents the weighted average sales price for shares sold in multiple transactions. Sales prices ranged from $31.63 to $31.662 per share. Upon request of the staff of the Securities and Exchange Commission, the issuer or a security holder of such issuer, the reporting person will provide full information regarding the number of shares sold at each separate price.
- F325% of the shares subject to this option vested on September 27, 2007, and an additional 6.25% of the remaining shares subject to this option vested quarterly thereafter, such that 100% of the share subject to the option became fully vested on September 27, 2010.
- F425% of the shares subject to this option vested on December 4, 2009, and 6.25% of the remaining shares subject to this option vested quarterly thereafter, such that 100% of the shares subject to this option became fully vested on December 4, 2012.