SEC Form 4 · accession 0001209191-15-079311
RE/MAX Holdings, Inc. · RMAX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Metzger
Officer — COO and CFO
Period of report
Nov 6, 2015
Accepted (ET)
Nov 10, 2015 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001581091
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Nov 6, 2015 | M | 60,000 | $3.60 | A | 77,921 | D | |
| Class A Common StockF2,F1 | Nov 6, 2015 | S | 60,000 | $39.57 | D | 17,921 | 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) | $3.60 | Nov 6, 2015 | M | 60,000 | D | Oct 1, 2013 | Nov 15, 2022 | Class A Common Stock | 60,000 | 28,057 | D |
Explanation of responses
- F1Includes 15,897 unvested restricted stock units granted pursuant to the RE/MAX Holdings, Inc. 2013 Omnibus Incentive Plan which are scheduled to vest as follows: (i) 7,576 in equal installments on December 1, 2015 and 2016 and (ii) 8,321 in equal installments on April 1, 2016, 2017 and 2018.
- F2The reported price represents the weighted average sale price of multiple sales on the same day at prices ranging from $39.50 to $39.89. The reporting person hereby undertakes to provide upon request by SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares sold at each separate price.
Remarks
These transactions were executed pursuant to a Rule 10b5-1 Plan