SEC Form 4 · accession 0001209191-17-066111
HSN, Inc. · HSNI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William C Brand
Officer — President, HSN & CMO, HSNi
Period of report
Dec 14, 2017
Accepted (ET)
Dec 18, 2017 · 4:08 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 share | Dec 14, 2017 | M | 12,035 | $14.32 | A | 46,746 | D | |
| Common Stock, par value $0.01 per share | Dec 14, 2017 | F | 6,449 | $39.65 | D | 40,297 | 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 | $14.32 | Dec 14, 2017 | M | 12,035 | D | Jan 31, 2009 | Jan 31, 2018 | Common Stock, par value $0.01 per share | 12,035 | 0 | D |
| Restricted Stock UnitsF2 | — | Dec 15, 2017 | A | 112 | A | — | — | Common Stock, par value $0.01 per share | 112 | 13,168 | D |
Explanation of responses
- F1Represents shares of the company's common stock withheld to cover the payment of taxes and exercise price.
- F2Each Restricted Stock Unit ("RSU") is the economic equivalent of one share of common stock. The rights accrued when and as the cash dividends were reinvested in securities. They vest or expire on the same terms as the securities to which they relate.