SEC Form 4 · accession 0001209191-16-131024
GrubHub Inc. · GRUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin C. Spero
Director
Period of report
Jun 30, 2016
Accepted (ET)
Jul 5, 2016 · 4:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001594109
Table I — non-derivative securities
No Table I lines on this filing.
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,F1 | $31.07 | Jun 30, 2016 | A | 7,439 | A | — | Jun 30, 2026 | Common Stock | 7,439 | 7,439 | D |
Explanation of responses
- F1On the monthly anniversary of the grant date for twelve consecutive months beginning July 30, 2016, the option will vest in equal amounts, subject to Mr. Spero's continued status as a service provider.
- F2Under an agreement with Spectrum Equity, Benjamin Spero is deemed to hold the options for the indirect benefit of: (i) SEI VI Chow AIV, L.P. ("SEI VI"), the general partner of which is Spectrum Equity Associates VI, L.P., the general partner of which is SEA VI Management, LLC ("SEA VI Management"), over which Brion B. Applegate, William P. Collatos, Victor E. Parker, Christopher T. Mitchell, and Benjamin C. Spero exercise voting and dispositive power; (ii) Spectrum VI Investment Managers' Fund, L.P. ("IMF VI"), and (iii) Spectrum VI Co-Investment Fund, L.P. ("CIF VI" and together with SEI VI and IMF VI, the "Spectrum Funds").
Remarks
Ex. 24