SEC Form 4 · accession 0001127602-16-043240
TripAdvisor, Inc. · TRIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dermot Halpin
Officer — President, Vacation Rentals
Period of report
Feb 22, 2016
Accepted (ET)
Feb 24, 2016 · 6:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526520
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Feb 22, 2016 | A | 19,806 | A | — | — | Common Stock | 19,806 | 19,806 | D |
| Stock Option (Right to Buy)F2 | $63.11 | Feb 22, 2016 | A | 51,398 | A | Feb 15, 2017 | Feb 15, 2026 | Common Stock | 51,398 | 51,398 | D |
Explanation of responses
- F1The restricted stock units, or RSUs, vest in four equal annual installments commencing on February 15, 2017. Shares will be delivered on a one-for-one basis.
- F2Date at which first vesting occurs is indicated. One-fourth of the total number of stock options vest on the first vesting date and an additional one-fourth vest on each anniversary thereafter, until the stock options are fully vested.