SEC Form 4 · accession 0001209191-18-017010
GrubHub Inc. · GRUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Margo Drucker
Officer — SVP, Secretary, Gen Counsel
Period of report
Feb 12, 2018
Accepted (ET)
Mar 5, 2018 · 9:03 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 StockF1 | Mar 1, 2018 | M | 792 | — | A | 892 | D | |
| Common Stock | Mar 1, 2018 | F | 354 | $97.55 | D | 538 | D | |
| Common StockF1 | Mar 1, 2018 | M | 327 | — | A | 865 | D | |
| Common Stock | Mar 1, 2018 | F | 161 | $97.55 | D | 704 | D | |
| Common Stock | Mar 1, 2018 | M | 1,054 | $13.70 | A | 1,758 | D | |
| Common Stock | Mar 1, 2018 | M | 184 | $24.20 | A | 1,942 | D | |
| Common Stock | Mar 1, 2018 | S | 1,238 | $99.37 | D | 704 | D | |
| Common Stock | Mar 5, 2018 | S | 438 | $99.18 | D | 266 | 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)F4 | $86.70 | Feb 12, 2018 | A | 26,905 | A | — | Feb 12, 2028 | Common Stock | 26,905 | 26,905 | D |
| Restricted Stock UnitsF5,F6 | — | Feb 12, 2018 | A | 10,308 | A | — | — | Common Stock | 10,308 | 10,308 | D |
| Restricted Stock UnitsF5,F7 | — | Mar 1, 2018 | M | 792 | D | — | — | Common Stock | 792 | 17,417 | D |
| Restricted Stock UnitsF5,F8 | — | Mar 1, 2018 | M | 327 | D | — | — | Common Stock | 327 | 11,454 | D |
| Stock Option (Right to Buy)F9 | $13.70 | Mar 1, 2018 | M | 1,054 | D | — | Jan 28, 2024 | Common Stock | 1,054 | 11,596 | D |
| Stock Option (Right to Buy)F10 | $24.20 | Mar 1, 2018 | M | 184 | D | — | Dec 31, 2025 | Common Stock | 184 | 4,033 | D |
Explanation of responses
- F1One share of common stock was issued upon the vesting of each Restricted Stock Unit ("RSU").
- F10On December 31, 2015, the Reporting Person was granted 8,799 options, 25% of which vested on January 1, 2017 and the remainder of which vested or will vest in equal amounts on the first calendar day of the month for the 36 consecutive months thereafter, subject to her continued status as a service provider.
- F2Represents shares of common stock withheld to cover tax obligations upon the vesting of RSUs.
- F3These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F4The option will vest and become exercisable as to 25% of the underlying shares on February 1, 2019 and will vest in equal amounts for the 12 consecutive quarters thereafter on May 1, August 1, November 1 and February 1 of each year, subject to her continued status as a service provider.
- F5Each RSU represents a contingent right to receive a share of common stock or, at the option of the Compensation Committee, cash of equivalent value.
- F6The RSUs will vest as to 25% on February 1, 2019 and will vest in equal amounts for the 12 consecutive quarters thereafter on May 1, August 1, November 1 and February 1 of each year, subject to her continued status as a service provider.
- F7On December 31, 2015, the Reporting Person was granted 38,000 RSUs, 25% of which vested on January 1, 2017 and the remainder of which vested or will vest in equal amounts on the first calendar day of the month for the 36 consecutive months thereafter, subject to her continued status as a service provider.
- F8On February 9, 2017, the Reporting Person was granted 15,707 RSUs, 25% of which vested on February 1, 2018 and the remainder of which vested or will vest in equal amounts on the first calendar day of the month for the 36 consecutive months thereafter, subject to her continued status as a service provider.
- F9On January 28, 2014, the Reporting Person was granted 50,600 options, 25% of which vested on February 1, 2016 and the remainder of which vested or will vest in equal amounts on the first calendar day of the month for the 36 consecutive months thereafter, subject to her continued status as a service provider.