SEC Form 4 · accession 0001545711-17-000002
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 23, 2017
Accepted (ET)
Feb 24, 2017 · 9:28 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 23, 2017 | M | 500,000 | $11.70 | A | 1,115,986 | D | |
| Common StockF1,F3,F2 | Feb 23, 2017 | S | 500,000 | $24.51 | D | 615,986 | D | |
| Common StockF4 | holding | — | — | — | 500,000 | I | TRUST |
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 | Feb 23, 2017 | M | 500,000 | D | May 31, 2011 | May 31, 2017 | Common Stock | 500,000 | 0 | D |
Explanation of responses
- F1Involves the exercise of 500,000 options which were set to expire on May 31, 2017 and subsequent sale of the underlying shares.
- F2Includes restricted shares that are subject to forfeiture under certain circumstances.
- F3Reflects average price of multiple sales on Feb 23, 2017 ranging from $24.34-$24.72. Mr. Roth undertakes to provide ion 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.
- F4Shares are held in the Michael I. Roth 2015 GRAT.