SEC Form 4 · accession 0001225208-15-011334
Groupon, Inc. · GRPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dane A Drobny
Officer — General Counsel
Period of report
May 4, 2015
Accepted (ET)
May 5, 2015 · 8:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490281
Table I — non-derivative securities
No Table I lines on this filing.
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,F2 | — | May 4, 2015 | A | 40,000 | A | Jan 1, 2018 | — | Class A Common Stock | 40,000 | 40,000 | D |
| Restricted Stock UnitsF1,F3 | — | holding | — | — | — | Jul 7, 2015 | — | Class A Common Stock | 857,500 | 857,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F2All of the restricted stock units reported on this line will vest on January 1, 2018, subject to Mr. Drobny's continued employment with the Company through such date.
- F3Twenty-five percent (25%) of the restricted stock units reported on this line will vest on July 7, 2015 and the remainder of the restricted stock units will vest quarterly in 12 equal installments, beginning on October 7, 2015, subject to Mr. Drobny's continued employment with the Company through each vesting date.