SEC Form 4 · accession 0000891092-17-004109
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, 2017
Accepted (ET)
May 25, 2017 · 5:02 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,F2 | May 24, 2017 | A | 96,830 | $0.00 | A | 498,403 | D | |
| Common Stock, par value $0.15 per shareF3 | May 24, 2017 | F | 42,949 | $83.15 | D | 455,454 | D | |
| Common Stock, par value $0.15 per shareF5 | Jan 11, 2017 | G | 8,416 | $0.00 | D | 0 | I | See fn |
| Common Stock, par value $0.15 per shareF6 | holding | — | — | — | 516,315 | I | See fn | |
| Common Stock, par value $0.15 per share | holding | — | — | — | 26,497 | I | By 401(K) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On April 8, 2014, 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, 2017, 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.
- F2On March 27, 2017, 21,134 shares were transferred from the 2014 Grantor Retained Annuity Trust to the reporting person's individual brokerage account. On April 20, 2017, the reporting person transferred 172,105 shares from his individual brokerage account to each of 2016 Grantor Retained Annuity Trusts #1, #2 and #3.
- F3Represents shares withheld by the company for payment of tax liability incident to the vesting of PRSUs originally granted to the reporting person on April 8, 2014.
- F4On January 11, 2017, the reporting person was automatically replaced as the sole trustee of the 2014 Grantor Retained Annuity Trust and does not have the right to replace the trustee.
- F5By 2014 Grantor Retained Annuity Trust.
- F6172,105 shares held by each of 2016 Grantor Retained Annuity Trusts #1, #2 and #3.