SEC Form 4 · accession 0001179110-16-031833
Bats Global Markets, Inc. · BATS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Derick D Shupe
Other
Period of report
Nov 16, 2016
Accepted (ET)
Nov 18, 2016 · 2:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001659228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 16, 2016 | M | 20,000 | $9.83 | A | 28,512 | D | |
| Common StockF2,F1 | Nov 16, 2016 | S | 20,000 | $31.02 | D | 8,512 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F3 | $9.83 | Nov 16, 2016 | M | 20,000 | D | — | Dec 14, 2019 | Common Stock | 20,000 | 46,222 | D |
Explanation of responses
- F1The number of shares has been adjusted to reflect the 1-for-2.91 stock split which was consummated immediately prior to the completion of the Issuer's initial public offering.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.98 to $31.05, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer 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.
- F3Options exercisable as to 100%.