SEC Form 4 · accession 0001127602-16-045706
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
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001526520
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $.001 Per Share | Mar 7, 2016 | M | 10,000 | $45.27 | A | 12,926 | D | |
| Common Stock, Par Value $.001 Per ShareF1 | Mar 7, 2016 | S | 10,000 | $66.08 | D | 2,926 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $45.27 | Mar 7, 2016 | M | 10,000 | D | Feb 15, 2014 | Feb 27, 2023 | Common Stock | 10,000 | 9,213 | D |
Explanation of responses
- F1The transaction was executed in multiple trades with a weighted average sales price of $66.08. The reporting person undertakes to provide information regarding the number of shares and prices at which the transaction was effected upon request of the SEC staff, the issuer or a security holder of the issuer.
- F2Of such options, 12,809 are currently exercisable, and 6,404 become exercisable on February 15, 2017.