SEC Form 4 · accession 0001545711-16-000034
INTERPUBLIC GROUP OF COMPANIES, INC. · IPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew Bonzani
Officer — SVP, GC & Sec
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 8:41 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 | 14,497 | $21.555 | A | 56,793 | D | |
| Common StockF3,F2 | Feb 29, 2016 | A | 11,598 | $21.555 | A | 68,391 | D | |
| Common StockF4,F2 | Feb 29, 2016 | A | 20,595 | $21.555 | A | 88,986 | D | |
| Common StockF5,F2 | Feb 29, 2016 | A | 12,201 | $21.56 | A | 101,187 | D | |
| Common StockF6,F2 | Feb 29, 2016 | F | 4,506 | $21.56 | D | 96,681 | D | |
| Common StockF6,F2 | Feb 29, 2016 | F | 7,615 | $21.555 | D | 89,066 | D | |
| Common StockF7,F8,F2 | Mar 1, 2016 | S | 20,675 | $21.592 | D | 68,391 | D |
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 which are subject to forfeiture under certain circumstances.
- F3Restricted shares that will vest on February 28, 2018.
- F4Performance based shares, awarded to Mr. Bonzani 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. Bonzani 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.
- F7Open market sale.
- F8Reflects average price of multiple sales on March 1 2016 ranging from $21.48-$21.72. Mr. Bonzani 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.