SEC Form 4 · accession 0001420811-19-000038
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
Feb 7, 2019
Accepted (ET)
Feb 21, 2019 · 4:45 pm EST
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,F2 | Feb 7, 2019 | A | 66,892 | $0.00 | A | 797,536 | D | |
| Common StockF3 | Feb 19, 2019 | A | 126,775 | $0.00 | A | 924,311 | D | |
| Common StockF4 | holding | — | — | — | 32,000 | I | See footnote | |
| Common StockF5 | 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 March 18, 2018 based on the Company's achievements with respect to certain financial performance metrics for the applicable performance period. These shares will vest on May 1, 2019, subject to continuous service through such date.
- F2The number of shares beneficially owned is as of February 19, 2019 and not as of February 7, 2019.
- F3The reported shares are represented by restricted stock units which vest in four equal annual installments beginning on May 1, 2020.
- F4The 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.
- F5The 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.