SEC Form 4 · accession 0001490281-17-000005
Groupon, Inc. · GRPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Sullivan
Officer — Chief Product Officer
Period of report
Jan 12, 2017
Accepted (ET)
Jan 17, 2017 · 6:00 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 12, 2017 | M | 46,833 | $0.00 | A | 349,006 | D | |
| Common Stock | Jan 12, 2017 | F | 19,324 | $3.57 | D | 329,682 | 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 | — | Jan 12, 2017 | M | 46,833 | D | Jan 12, 2016 | — | Common Stock | 46,833 | 187,334 | 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 Common Stock.
- F3187,333 of the restricted stock units reported on this line vested on January 12, 2016, and the remainder of the restricted stock units will vest quarterly in equal increments through January 12, 2018, in each case subject to Mr. Sullivan's continued employment with the Company through each vesting date.