SEC Form 4 · accession 0001491778-16-000297
Angie's List, Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven M. Kapner
Director · 10% Owner
Period of report
Aug 26, 2016
Accepted (ET)
Aug 29, 2016 · 4:52 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001491778
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 26, 2016 | M | 1,913 | $0.00 | A | 3,826 | D | |
| Common StockF2 | holding | — | — | — | 11,657,775 | I | See Footnote 2 |
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)F3,F4,F5 | — | Aug 26, 2016 | M | 1,913 | D | — | — | Common Stock | 1,913 | 3,827 | D |
Explanation of responses
- F1Reflects the number of shares of the Issuer's common stock that were acquired upon settlement of the corresponding RSUs listed in Table II.
- F2Shares of the Issuer's common stock held directly by TRI Investments, LLC. Mr. Kapner is a Managing Director and a member of the Board of Directors of TRI Ventures, Inc., the parent company of TRI Investments, LLC, and may be deemed to indirectly beneficially own the shares of the Issuer's common stock held directly by TRI Investments, LLC and may also be deemed to share voting and dispositive power with respect to these shares as a result. Mr. Kapner disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.
- F3Each 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.
- F4On February 26, 2016, Mr. Kapner was granted 7,653 RSUs, vesting in four equal quarterly installments over a one-year period from the date of grant.
- F5There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.