SEC Form 4 · accession 0001127602-18-017556
TripAdvisor, Inc. · TRIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dermot Halpin
Officer — President, Rentals and Experie
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 7:14 pm EDT
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 | May 11, 2018 | M | 9,213 | $45.27 | A | 9,213 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | M | 3,533 | $45.27 | A | 12,746 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | M | 36,667 | $45.27 | A | 49,413 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | M | 18,240 | $42.81 | A | 67,653 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 16,935 | $49.204 | D | 50,718 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 9,213 | $49.163 | D | 41,505 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 505 | $49.06 | D | 41,000 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 700 | $49.07 | D | 40,300 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 100 | $49.071 | D | 40,200 | D | |
| Common Stock, Par Value $.001 Per Share | May 11, 2018 | D | 3,533 | $49.21 | D | 36,667 | D | |
| Common Stock, Par Value $.001 Per ShareF2 | May 11, 2018 | D | 36,667 | $48.97 | D | 0 | 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)F3 | $45.27 | May 11, 2018 | M | 9,213 | D | Feb 15, 2014 | Feb 27, 2023 | Common Stock | 9,213 | 0 | D |
| Stock Option (Right to Buy)F3 | $45.27 | May 11, 2018 | M | 3,533 | D | Dec 31, 2014 | Feb 27, 2020 | Common Stock | 3,533 | 0 | D |
| Stock Option (Right to Buy)F3 | $45.27 | May 11, 2018 | M | 36,667 | D | Feb 15, 2014 | Feb 27, 2020 | Common Stock | 36,667 | 0 | D |
| Stock Option (Right to Buy)F4 | $42.81 | May 11, 2018 | M | 18,240 | D | Feb 15, 2018 | Feb 27, 2027 | Common Stock | 18,240 | 54,720 | D |
Explanation of responses
- F1Shares were withheld to cover taxes and exercise price for the options.
- F2The transaction was executed in multiple trades with a weighted average sales price of $48.97. 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.
- F3All of such options are currently exercisable.
- F4Date 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.