SEC Form 4 · accession 0001209191-15-083201
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
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 4:27 pm EST
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 shareF1 | Dec 1, 2015 | M | 1,864 | — | A | 1,864 | D | |
| Common Stock, par value $0.01 per share | Dec 1, 2015 | F | 510 | $49.90 | D | 1,354 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Dec 1, 2015 | M | 1,864 | D | — | — | Common Stock, par value $0.01 per share | 1,864 | 7,468 | D |
Explanation of responses
- F1Restricted Stock Units ("RSUs") convert into stock on a one-for-one basis.
- F2Represents shares of the company's common stock withheld to cover the payment of taxes in connection with the vesting of RSUs.
- F3The RSUs vest in equal installments beginning on December 1, 2015.