SEC Form 4 · accession 0001252017-15-000040
DIRECTV · DTV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Romulo Pontual
Officer — Exec. VP
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 7:27 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 StockF3 | Feb 24, 2015 | A | 12,587 | $0.00 | A | 20,140 | D | |
| Common StockF1 | holding | — | — | — | 7,025 | I | 401(K) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F6,F4 | $87.26 | Feb 23, 2015 | A | 18,715 | A | — | — | Common Stock | 18,715 | 18,715 | D |
Explanation of responses
- F1Shares held in trust by State Street Bank and Trust Company, as Trustee of the DIRECTV 401(K) Plan as of February 23, 2015. Shares owned pursuant to Rule 16b-3 exempt employee savings plan.
- F2Restricted 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.
- F3Stock basis based on closing price of the Common Stock on February 20, 2015 of $87.26.
- F4The number of restricted stock units is based on the closing price of the common stock on February 20, 2015 of $87.26.
- F5The 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.
- F6These 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.