SEC Form 4 · accession 0001420811-16-000203
On Deck Capital, Inc. · ONDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Katzenberg
Officer — Chief Financial Officer
Period of report
Jul 28, 2016
Accepted (ET)
Aug 1, 2016 · 5:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001420811
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jul 28, 2016 | S | 24,000 | $5.2342 | D | 388,396 | D | |
| Common StockF3 | Aug 1, 2016 | F | 5,559 | $5.20 | D | 382,837 | D | |
| Common StockF4 | holding | — | — | — | 11,034 | I | See footnote | |
| Common StockF5 | holding | — | — | — | 25,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares were sold pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 28, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $5.20 to $5.33, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3The reported shares were withheld to satisfy the Reporting Person's tax liability in connection with the vesting of restricted stock units. No shares were sold.
- F4The reported shares are held directly by The Howard Katzenberg 2014 Grantor Annuity Trust dated December 7, 2014 for which the Reporting Person serves as trustee.
- F5The reported shares are held directly by The Howard Katzenberg 2014 Dynasty Trust dated December 7, 2014 for which the Reporting Person's spouse serves as a trustee.