SEC Form 4 · accession 0001545711-16-000033
INTERPUBLIC GROUP OF COMPANIES, INC. · IPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Isor Roth
Officer — Chairman and CEO
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 8:24 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 | 121,781 | $21.555 | A | 615,986 | D | |
| Common StockF3,F2 | Feb 29, 2016 | A | 214,189 | $21.555 | A | 830,175 | D | |
| Common StockF4,F2 | Feb 29, 2016 | A | 63,446 | $21.56 | A | 893,621 | D | |
| Common StockF5,F2 | Feb 29, 2016 | F | 32,720 | $21.56 | D | 860,901 | D | |
| Common StockF5,F2 | Feb 29, 2016 | F | 110,458 | $21.555 | D | 750,443 | D | |
| Common StockF6,F7,F2 | Mar 1, 2016 | S | 134,457 | $21.5773 | D | 615,986 | D | |
| Common StockF8 | holding | — | — | — | 500,000 | I | TRUST |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted shares that will vest on February 28, 2019.
- F2Includes restricted shares that are subject to forfeiture under certain circumstances.
- F3Performance based shares, awarded to Mr. Roth on February 29, 2016 after achieving specific performance goals and vesting over the 2013-2016 period.
- F4Performance based cash, paid in shares, awarded to Mr. Roth on February 29, 2016 after achieving specific performance goals and vesting over the 2013-2016 period.
- F5This is not an open market sale, rather it represents a surrender of shares to the company to satisfy withholding tax obligations.
- F6Open market sale.
- F7Reflects average price of multiple sales on March 1 2016 ranging from $21.37-21.73. Mr. Roth 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.
- F8Shares are held in the Michael I. Roth 2015 GRAT