SEC Form 4 · accession 0001491778-17-000142
Angie's List, Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Mark Howell
Officer — Chief Operating Officer
Period of report
Aug 14, 2017
Accepted (ET)
Aug 16, 2017 · 5:31 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 Stock | Aug 14, 2017 | M | 23,600 | $6.74 | A | 125,416 | D | |
| Common StockF1 | Aug 14, 2017 | S | 23,600 | $11.8506 | D | 101,816 | D | |
| Common Stock | Aug 15, 2017 | M | 38,221 | $6.74 | A | 140,037 | D | |
| Common StockF2 | Aug 15, 2017 | S | 38,221 | $11.5224 | D | 101,816 | D | |
| Common Stock | Aug 16, 2017 | M | 25,121 | $6.74 | A | 126,937 | D | |
| Common Stock | Aug 16, 2017 | M | 47,959 | $8.82 | A | 174,896 | D | |
| Common StockF3 | Aug 16, 2017 | S | 73,080 | $11.6001 | D | 101,816 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F4 | $6.74 | Aug 14, 2017 | M | 23,600 | D | — | Feb 27, 2025 | Common Stock | 23,600 | 150,285 | D |
| Stock Options (right to buy)F4 | $6.74 | Aug 15, 2017 | M | 38,221 | D | — | Feb 27, 2025 | Common Stock | 38,221 | 112,064 | D |
| Stock Options (right to buy)F4 | $6.74 | Aug 16, 2017 | M | 25,121 | D | — | Feb 27, 2025 | Common Stock | 25,121 | 86,943 | D |
| Stock Options (right to buy)F5 | $8.82 | Aug 16, 2017 | M | 47,959 | D | — | Feb 26, 2026 | Common Stock | 47,959 | 87,457 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.77 to $11.95, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.62, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.50 to $11.77, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer or the staff of the U.S. 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.
- F4On February 27, 2015, Mr. Howell was granted 173,885 stock options, 43,471 of which vested on each of February 27, 2016 and February 27, 2017. The remaining 86,943 unvested stock options outstanding under this grant will vest ratably in annual installments on the third and fourth anniversaries of the grant date.
- F5On February 26, 2016, Mr. Howell was granted 135,416 stock options, 33,854 of which vested on February 26, 2017. Following the first anniversary of the grant date, the remaining unvested stock options outstanding began vesting ratably on a monthly basis, resulting in the vesting of an additional 14,105 stock options through July 26, 2017. The remaining 87,457 unvested stock options outstanding under this grant will continue to vest ratably on a monthly basis through February 26, 2020.