SEC Form 4 · accession 0001420811-18-000128
On Deck Capital, Inc. · ONDK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Noah Breslow
Officer — CEO & Chairman · Director
Period of report
Jul 31, 2018
Accepted (ET)
Aug 3, 2018 · 4:23 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 StockF1 | Jul 31, 2018 | A | 37,143 | $0.00 | A | 565,738 | D | |
| Common StockF2 | Aug 1, 2018 | F | 11,918 | $6.83 | D | 553,820 | D | |
| Common StockF3 | holding | — | — | — | 32,000 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 32,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reported shares were acquired upon the vesting of performance-based restricted stock units granted on September 19, 2016 based on the Company's achievements with respect to certain financial performance metrics for the applicable performance period. These shares will vest on November 1, 2018, subject to continuous service through such date.
- F2The 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.
- F3The reported shares are held directly in a trust for the Reporting Person's minor son for which the Reporting Person's spouse serves as trustee.
- F4The reported shares are held directly in a trust for the Reporting Person's minor daughter for which the Reporting Person's spouse serves as trustee.