SEC Form 4 · accession 0001490281-19-000003
Groupon, Inc. · GRPN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steve Krenzer
Officer — Chief Operating Officer
Period of report
Jan 30, 2019
Accepted (ET)
Feb 1, 2019 · 5:27 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 30, 2019 | M | 74,586 | $0.00 | A | 260,812 | D | |
| Common Stock | Jan 30, 2019 | F | 26,904 | $3.72 | D | 233,908 | 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 30, 2019 | M | 74,586 | D | Oct 31, 2018 | — | Common Stock | 74,586 | 522,102 | 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.
- F3298,344 of the restricted stock units reported on this line vested on October 31, 2018, and 596,688 of the restricted stock units reported on this line will vest quarterly in equal installments from January 30, 2019 through October 30, 2020, in each case subject to Mr. Krenzer's continued employment with the Company through the vesting date.