SEC Form 4 · accession 0001491778-17-000169
Angie's List, Inc. · ANGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Darin E. Brown
Officer — Chief Technology Officer
Period of report
Aug 26, 2017
Accepted (ET)
Aug 29, 2017 · 4:44 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 | 2,303 | $0.00 | A | 13,039 | D | |
| Common Stock | Aug 26, 2017 | F | 746 | $12.17 | D | 12,293 | 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)F2,F3,F4 | $0.00 | Aug 26, 2017 | M | 2,303 | D | — | — | Common Stock | 2,303 | 23,030 | 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 shareswithheld by the Issuer on behalf of the reporting person for tax purposes.
- F2Each 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.
- F3On February 26, 2016, Mr. Brown was granted 36,848 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.
- F4There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.