SEC Form 4 · accession 0001490281-15-000058
Groupon, Inc. · GRPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sri Viswanath
Officer — SVP of Engineering & CTO
Period of report
Dec 1, 2015
Accepted (ET)
Dec 3, 2015 · 6:03 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490281
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Dec 1, 2015 | M | 18,750 | $0.00 | A | 213,237 | D | |
| Class A Common Stock | Dec 1, 2015 | F | 9,784 | $2.87 | D | 203,453 | 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 UnitsF2,F3 | — | Dec 1, 2015 | M | 18,750 | D | Mar 1, 2015 | — | Class A Common Stock | 18,750 | 75,000 | D |
Explanation of responses
- F1Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
- F2Each restricted stock unit represents a contingent right to receive one share of Class A Common Stock.
- F318,750 of the restricted stock units reported on this line vested on March 1, 2015, 80,750 of the restricted stock units vested on June 1, 2015, and the remainder of the restricted stock units will vest in equal increments at the end of each of the following six quarters beginning on September 1, 2015, in each case subject to Mr. Viswanath's continued employment with the Company through each vesting date.