SEC Form 4 · accession 0001491778-17-000166
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 26, 2017
Accepted (ET)
Aug 29, 2017 · 4:43 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, 2017 | M | 4,606 | $0.00 | A | 106,422 | D | |
| Common StockF2 | Aug 26, 2017 | F | 1,455 | $12.17 | D | 104,967 | D | |
| Common StockF3 | Aug 28, 2017 | G | 1,000 | $0.00 | D | 103,967 | 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 Units (RSU)F4,F5,F6 | $0.00 | Aug 26, 2017 | M | 4,606 | D | — | — | Common Stock | 4,606 | 46,060 | D |
Explanation of responses
- F1Reflects the gross number of shares of the Issuer's common stock, before tax, that were to be acquired upon settlement of the corresponding RSUs listed in Table II. Actual shares were issued net of shares withheld by the Issuer on behalf of the reporting person for tax purposes.
- F2Represents the number of shares of the Issuer's common stock withheld by the Issuer on behalf of the reporting person to be applied toward the tax obligation created by the vesting of the corresponding RSUs listed in Table II. This withholding was completed pursuant to an election of the "withhold to cover" option set forth under the Amended and Restated Omnibus Incentive Plan for such purposes.
- F3Represents a gift of shares of the Issuer's common stock owned by the reporting person to the University of Notre Dame.
- F4Each 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.
- F5On February 26, 2016, Mr. Howell was granted 73,696 RSUs, one-fourth of which vested on the first anniversary of the date of grant, and the remaining three-fourths are vesting in equal installments on a quarterly basis over a three-year period thereafter.
- F6There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.