SEC Form 4 · accession 0001252017-15-000035
DIRECTV · DTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph A Bosch
Officer — Exec. VP and Chief HR Officer
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 7:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001465112
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 24, 2015 | A | 10,201 | $0.00 | A | 37,201 | 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 UnitF4,F5,F3 | $87.26 | Feb 23, 2015 | A | 15,815 | A | — | — | Common Stock | 15,815 | 15,815 | D |
Explanation of responses
- F1Restricted stock award granted pursuant to Rule 16b-3 qualified Incentive Plan (DIRECTV 2010 Stock Plan). Shares issued in net amount and withholding paid in cash by Company on behalf of the Reporting Person.
- F2Stock basis based on closing price of the Common Stock on February 20, 2015 of $87.26.
- F3The number of restricted stock units is based on the closing price of the common stock on February 20, 2015 of $87.26.
- F4The restricted stock units confer no voting rights and may not be sold, but automatically settle for an equivalent number of shares of common stock of the Issuer on the relevant distribution date.
- F5These restricted stock units are granted pursuant to Rule 16b-3 qualified Incentive Plan (DIRECTV 2010 Stock Plan). The grant is time-vesting and will vest on December 31, 2017.