SEC Form 4 · accession 0001545711-16-000031
INTERPUBLIC GROUP OF COMPANIES, INC. · IPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philippe Krakowsky
Officer — EVP, Chief Strat & Talent Ofcr
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 7:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000051644
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 29, 2016 | A | 28,995 | $21.555 | A | 199,958 | D | |
| Common StockF3,F2 | Feb 29, 2016 | A | 34,794 | $21.555 | A | 234,752 | D | |
| Common StockF4,F2 | Feb 29, 2016 | A | 61,825 | $21.555 | A | 296,577 | D | |
| Common StockF5,F2 | Feb 29, 2016 | A | 32,536 | $21.56 | A | 329,113 | D | |
| Common StockF6,F2 | Feb 29, 2016 | F | 15,898 | $21.56 | D | 313,215 | D | |
| Common StockF6,F2 | Feb 29, 2016 | F | 34,511 | $21.555 | D | 278,704 | D | |
| Common StockF7,F2 | Mar 1, 2016 | M | 51,094 | $11.70 | A | 329,798 | D | |
| Common StockF7,F8,F2 | Mar 1, 2016 | S | 51,094 | $21.5717 | D | 278,704 | D | |
| Common StockF9,F8,F2 | Mar 1, 2016 | S | 43,592 | $21.5717 | D | 235,112 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options | $11.70 | Mar 1, 2016 | M | 51,094 | D | May 31, 2011 | May 31, 2017 | Common Stock | 51,094 | 0 | D |
Explanation of responses
- F1Restricted shares that will vest on February 28 2019.
- F2Includes restricted shares that are subject to forfeiture under certain circumstances.
- F3Restricted shares that will vest on February 28, 2018.
- F4Performance based shares, awarded to Mr. Krakowsky on February 29, 2016 after achieving specific performance goals and vesting over the 2013-2016 period.
- F5Performance based cash, paid in shares, awarded to Mr. Krakowsky on February 29, 2016 after achieving specific performance goals and vesting over the 2013-2016 period.
- F6This is not an open market sale, rather it represents a surrender of shares to the company to satisfy withholding tax obligations.
- F7Involves the exercise of 51,094 options which were set to expire on May 31, 2017 and subsequent sale of underlying shares.
- F8Reflects average price of multiple sales on March 1, 2016 ranging from $21.50-$21.69. Mr. Krakowsky undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F9Open market sale.