SEC Form 4 · accession 0001209191-15-044395
HSN, Inc. · HSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mindy F Grossman
Officer — CEO · Director
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001434729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | May 15, 2015 | M | 71,886 | $32.69 | A | 190,976 | D | |
| Common Stock, par value $0.01 per shareF2 | May 15, 2015 | S | 71,886 | $67.55 | D | 119,090 | D | |
| Common Stock, par value $0.01 per share | May 18, 2015 | M | 7,008 | $32.69 | A | 126,098 | D | |
| Common Stock, par value $0.01 per shareF3 | May 18, 2015 | S | 7,008 | $67.49 | D | 119,090 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common Stock | $32.69 | May 15, 2015 | M | 71,886 | D | Aug 21, 2009 | Aug 21, 2018 | Common Stock, par value $0.01 per share | 71,886 | 164,795 | D |
| Options to Purchase Common Stock | $32.69 | May 18, 2015 | M | 7,008 | D | Aug 21, 2009 | Aug 21, 2018 | Common Stock, par value $0.01 per share | 7,008 | 157,787 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 19, 2014.
- F2This transaction was executed in multiple trades ranging in price from $67.40 to $67.94 per share. The price above reflects the weighted average sales price. The reporting person undertakes to provide information regarding the number of shares and prices at which the transaction was effected upon request of the SEC staff, the issuer or a security holder of the issuer.
- F3This transaction was executed in multiple trades ranging in price from $67.39 to $67.58 per share. The price above reflects the weighted average sales price. The reporting person undertakes to provide information regarding the number of shares and prices at which the transaction was effected upon request of the SEC staff, the issuer or a security holder of the issuer.