SEC Form 4 · accession 0001420811-17-000137
On Deck Capital, Inc. · ONDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrea Gellert
Officer — Chief Revenue Officer
Period of report
Aug 29, 2017
Accepted (ET)
Aug 31, 2017 · 4:16 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 Stock | Aug 29, 2017 | M | 30,000 | $0.765 | A | 154,440 | D | |
| Common StockF1 | Aug 29, 2017 | F | 4,853 | $4.73 | D | 149,587 | D | |
| Common StockF2 | Aug 29, 2017 | S | 25,147 | $4.6218 | D | 124,440 | 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 | $0.765 | Aug 29, 2017 | M | 30,000 | D | — | Mar 26, 2023 | Common Stock | 30,000 | 201,334 | D |
Explanation of responses
- F1The reported shares were withheld as payment of the option exercise price.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at per share prices ranging from $4.55 to $4.6964, 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 shares subject to the option are fully vested and currently exercisable.