SEC Form 4 · accession 0001545711-18-000007
INTERPUBLIC GROUP OF COMPANIES, INC. · IPG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Mergenthaler
Officer — EVP & CFO
Period of report
Feb 27, 2018
Accepted (ET)
Mar 1, 2018 · 7:31 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 27, 2018 | A | 66,483 | $24.17 | A | 473,351 | D | |
| Common StockF3,F2 | Feb 27, 2018 | F | 46,468 | $24.17 | D | 426,883 | D | |
| Common StockF4,F5,F2 | Feb 28, 2018 | S | 47,879 | $23.58 | D | 379,004 | D | |
| Common StockF6,F2 | Feb 28, 2018 | M | 59,131 | $9.9125 | A | 438,135 | D | |
| Common StockF6,F5,F2 | Feb 28, 2018 | M | 59,131 | $23.59 | D | 379,004 | D | |
| Common StockF3,F2 | Feb 28, 2018 | F | 17,137 | $23.64 | D | 361,867 | D | |
| Common StockF7,F2 | Feb 28, 2018 | A | 35,250 | $23.64 | A | 397,117 | D | |
| Common StockF6,F2 | Mar 1, 2018 | M | 25,850 | $9.9125 | A | 422,967 | D | |
| Common StockF6,F8,F2 | Mar 1, 2018 | M | 25,850 | $22.94 | D | 397,117 | D | |
| Common StockF4,F8,F2 | Mar 1, 2018 | S | 17,657 | $22.94 | D | 379,460 | 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 | $9.9125 | Feb 28, 2018 | M | 59,131 | D | May 30, 2008 | May 30, 2018 | Common Stock | 59,131 | 0 | D |
| Stock Options | $9.9125 | Mar 1, 2018 | M | 25,850 | D | May 30, 2008 | May 30, 2018 | Common Stock | 25,850 | 0 | D |
Explanation of responses
- F1Performance based shares awarded to Mr. Mergenthaler on Feb 27 2018 after achieving specific performance goals and vesting over the 2015-2018 period.
- F2Includes restricted shares that are subject to forfeiture under certain circumstances.
- F3This is not an open market sale, rather is represents a surrender of shares to the company to satisfy withholding tax obligations.
- F4Open market sale
- F5Reflects average price of multiple sales on Feb 2 82018 ranging from $23.40-$23.84. Mr. Mergenthaler 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.
- F6Involves exercise of a total of 84,981 options which were set to expire on May 30 2018 and subsequent sale of underlying shares.
- F7Restricted shares that will vest on Feb 28 2021.
- F8Reflects average price of multiple sales on March 1 2018 ranging from $22.72-$23.20. Mr. Mergenthaler 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.