SEC Form 4 · accession 0001491778-16-000198
Angie's List, Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott A Durchslag
Officer — President & CEO · Director
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 7:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001491778
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 Units (RSU)F1,F2,F3 | $0.00 | Feb 26, 2016 | A | 157,426 | A | — | — | Common Stock | 157,426 | 157,426 | D |
| Stock Options (right to buy)F4 | $8.82 | Feb 26, 2016 | A | 289,270 | A | — | Feb 26, 2026 | Common Stock | 289,270 | 289,270 | D |
Explanation of responses
- F1Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement, and there is no exercise price associated with the RSUs.
- F2The RSUs vest such that one-fourth of the RSUs awarded vest on the first anniversary of the date of grant, and the remaining three-fourths of the RSUs awarded vest ratably on a quarterly basis over a three-year period thereafter.
- F3There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.
- F4The stock options vest such that one-fourth of the stock options awarded vest on the first anniversary of the grant date, and the remaining three-fourths of the stock options awarded vest ratably on a monthly basis over a three-year period thereafter.