SEC Form 4 · accession 0001225208-15-021232
ADT Corp · ADT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark N. Edoff
Officer — SVP/Bus. Ops
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546640
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 18, 2015 | A | 42 | $0.00 | A | 35,534 | D | |
| Common Stock | Nov 19, 2015 | M | 9,826 | $29.5082 | A | 45,360 | D | |
| Common StockF2,F3 | Nov 19, 2015 | S | 9,826 | $34.3957 | D | 35,534 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $29.5082 | Nov 19, 2015 | M | 9,826 | D | — | Nov 21, 2015 | Common Stock | 9,826 | 0 | D |
Explanation of responses
- F1Dividend equivalent units, which are being awarded with respect to awards of restricted stock units and which vest on various dates through November 14, 2018.
- F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2015.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.185 to $34.75 inclusive. The reporting person undertakes to provide to The ADT Corporation, any security holder of The ADT Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- F4An option which vested in equal increments on November 22, 2006, 2007 and 2008.