SEC Form 4 · accession 0001645773-17-000007
TransUnion · TRU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James M Peck
Officer — President and CEO · Director
Period of report
Feb 21, 2017
Accepted (ET)
Feb 23, 2017 · 5:35 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001552033
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 21, 2017 | S | 33,783 | $37.05 | D | 216,132 | D | |
| Common Stock | Feb 21, 2017 | M | 19,731 | $4.99 | A | 235,863 | D | |
| Common StockF2 | Feb 21, 2017 | S | 19,731 | $37.10 | D | 216,132 | D | |
| Common Stock | Feb 22, 2017 | S | 65,000 | $36.57 | D | 469,880 | I | By limited liability company |
| Common Stock | Feb 22, 2017 | M | 17,428 | $4.99 | A | 233,560 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $4.99 | Feb 21, 2017 | M | 19,731 | D | — | Dec 31, 2022 | Common Stock | 19,731 | 1,274,420 | D |
| Stock Options (right to buy)F3 | $4.99 | Feb 22, 2017 | M | 17,428 | D | — | Dec 31, 2022 | Common Stock | 17,428 | 1,256,992 | D |
Explanation of responses
- F1This transaction was effected pursuant to a Rule 10b5-1 trading plan.
- F2The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.97 to $37.26, inclusive. The reporting person undertakes to provide to TransUnion, any security holder of TransUnion, 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 range set forth in this footnote.
- F3Represents an initial grant of 1,848,517 stock options, 40% of which vest upon the attainment of time-based vesting criteria and 60% of which vest upon the attainment of both time-based and performance-based vesting criteria. The performance-based vesting criteria was satisfied on February 22, 2017. The time-based vesting criteria is satisfied as follows: 20% on the first anniversary of the date of grant and 5% on the last day of each subsequent full calendar quarter.