SEC Form 4 · accession 0001491778-16-000346
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
Dec 28, 2016
Accepted (ET)
Dec 29, 2016 · 5:09 pm EST
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 StockF2,F3 | Dec 28, 2016 | S | 38,858 | $8.3016 | D | 240,881 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares disposed of pursuant to a previously established Rule 10b5-1 Plan, the intended purpose of which is to allow the reporting person to sell shares of the Issuer's common stock to satisfy the tax obligations resulting from the vesting of RSUs/PRSUs.
- F2Represents the number of shares of the Issuer's common stock that were sold by the reporting person to satisfy the tax obligations created by the vesting of RSUs/PRSUs on December 8, 2016. This sale was mandated by the Issuer's election of the "sell to cover" option set forth under its Amended and Restated Omnibus Incentive Plan for such purposes.
- F3The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $8.185 to $8.64, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within ranges set forth in this Form 4.