SEC Form 4 · accession 0001214659-16-012359
Bankrate, Inc. · RATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Pinola
Director
Period of report
Jun 21, 2016
Accepted (ET)
Jun 22, 2016 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001518222
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 21, 2016 | A | 27,165 | $0.00 | A | 85,064 | D | |
| Common StockF2 | holding | — | — | — | 9,034 | I | Shares held by spouse. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of 27,165 restricted stock units ("RSUs") pursuant to the Bankrate, Inc. 2015 Equity Compensation Plan, exempt under Rule 16b-3. The RSUs will vest on the first anniversary of the date of grant, subject to continued service through such anniversary and also to full or partial acceleration of vesting in the event of certain terminations of service or the occurrence of a change in control.
- F2The Reporting Person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. The filing of this statement shall not be deemed an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of such shares.