SEC Form 4 · accession 0000891092-16-015134
OMNICOM GROUP INC. · OMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Wren
Officer — President and CEO · Director
Period of report
May 24, 2016
Accepted (ET)
May 26, 2016 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000029989
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.15 per shareF1 | May 24, 2016 | A | 90,044 | $0.00 | A | 971,798 | D | |
| Common Stock, par value $0.15 per shareF2 | May 24, 2016 | F | 39,940 | $82.88 | D | 931,858 | D | |
| Common Stock, par value $0.15 per shareF3 | May 25, 2016 | S | 22,258 | $82.48 | D | 909,600 | D | |
| Common Stock, par value $0.15 per shareF4 | May 26, 2016 | S | 12,846 | $82.13 | D | 896,754 | D | |
| Common Stock, par value $0.15 per shareF5 | holding | — | — | — | 29,550 | I | See fn | |
| Common Stock, par value $0.15 per share | holding | — | — | — | 25,769 | I | By 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 6, 2013, the reporting person was granted performance restricted stock units ("PRSUs") which vest based on the company's return on equity as compared to that of an industry peer group. On May 24, 2016, the compensation committee of the board of directors of the company determined that the performance criteria had been met, resulting in the vesting of these shares.
- F2Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs originally granted to the reporting person on March 6, 2013.
- F3The reported sale price reflects the weighted average price of multiple transactions on May 25, 2016. The actual sales prices for the transactions ranged from $82.25 to $82.97. The reporting person undertakes to provide to Omnicom Group Inc., any security holder of Omnicom Group 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.
- F4The reported sale price reflects the weighted average price of multiple transactions on May 26, 2016. The actual sales prices for the transactions ranged from $82.00 to $82.34. The reporting person undertakes to provide to Omnicom Group Inc., any security holder of Omnicom Group 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.
- F5By 2014 Grantor Retained Annuity Trust.