SEC Form 4 · accession 0001209191-15-012668
HSN, Inc. · HSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey C. Kuster
Officer — President, Cornerstone
Period of report
Feb 10, 2015
Accepted (ET)
Feb 12, 2015 · 4:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434729
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $65.24 | Feb 10, 2015 | A | 21,099 | A | — | Feb 10, 2025 | Common Stock, par value $0.01 per share | 21,099 | 21,099 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 10, 2015 | A | 2,208 | A | — | — | Common Stock, par value $0.01 per share | 2,208 | 2,208 | D |
Explanation of responses
- F1The Stock Appreciation Rights vest annually, in equal installments, over a three-year period beginning on February 10, 2016.
- F2Each Restricted Stock Unit represents a contingent right to receive one share of HSN, Inc. common stock.
- F3All of such Restricted Stock Units vest on Febuary 10, 2018. Shares will be delivered on a one-for-one basis shortly after vesting.