SEC Form 4 · accession 0001209191-15-078104
GrubHub Inc. · GRUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margo Drucker
Officer — EVP, Secretary, Gen Counsel
Period of report
Nov 2, 2015
Accepted (ET)
Nov 3, 2015 · 4:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594109
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 2, 2015 | M | 12,000 | $5.20 | A | 17,000 | D | |
| Common StockF1 | Nov 2, 2015 | S | 12,000 | $24.2881 | D | 5,000 | 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 | $5.20 | Nov 2, 2015 | M | 12,000 | D | — | Jul 9, 2022 | Common Stock | 12,000 | 24,588 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.19 to $24.42, inclusive. The reporting person undertakes to provide GrubHub Inc., any security holder of GrubHub Inc., 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 herein.
- F2The option became exercisable as to 31,250 shares on July 1, 2013. Beginning on August 1, 2013 and on the first calendar day of each subsequent month for 35 consecutive months thereafter, the remaining shares represented by the option have vested or will vest in equal amounts. The options shall continue to vest monthly, subject to Ms. Drucker's continued status as an employee.