SEC Form 4 · accession 0001209191-16-114493
ESSENDANT INC · ESND
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric A Blanchard
Officer — Sr VP, Gen Counsel & Secretary
Period of report
Apr 15, 2016
Accepted (ET)
Apr 18, 2016 · 11:54 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000355999
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 15, 2016 | M | 4,000 | $22.99 | A | 44,426 | D | |
| Common StockF2 | Apr 15, 2016 | S | 4,000 | $34.51 | D | 40,426 | 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)F4 | $22.99 | Apr 15, 2016 | M | 4,000 | D | — | Sep 1, 2016 | Common Stock | 4,000 | 20,000 | D |
Explanation of responses
- F1The sales reported in this Form 4 were made pursuant to a 10b5-1 Plan adopted by the reporting person on March 1, 2016.
- F2Weighted average sale price. Range of prices $34.49 - $34.56. Reporting person will provide full information regarding the number of shares sold at each separate price upon request.
- F3The option exercises reported in this Form 4 were made pursuant to a 10b5-1 Plan adopted by the reporting person on March 1, 2016.
- F4Options are fully exercisable.