SEC Form 4 · accession 0001246360-16-005175
DST SYSTEMS INC · DST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregg Wm Givens
Officer — Sr VP, CFO & Treasurer
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000714603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 15, 2016 | A | 47 | $0.00 | A | 78,699 | D | |
| Common StockF3 | Mar 15, 2016 | F | 14 | $0.00 | D | 78,685 | D | |
| Common StockF4 | Mar 16, 2016 | S | 2,000 | $106.457 | D | 76,685 | D | |
| Common StockF5 | Mar 16, 2016 | S | 2,286 | $107.2011 | D | 74,399 | D | |
| Common StockF1 | holding | — | — | — | 645 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are allocated to the Reporting Persons account in The Employee Stock Ownership Plan of Issuer. The acquisition is exempt pursuant to Rule 16b-3(c).
- F2The acquisition is of vested and unvested restricted stock units (RSUs) and Performance Stock Units (PSUs) received automatically on March 15, 2016 as dividend equivalents pursuant to the terms and conditions of the award agreements (Dividend RSUs). The Dividend RSUs were granted in connection with RSUs granted February 21, 2013, February 25, 2014, July 29, 2014, February 23, 2015 and February 26, 2016, and the Dividend RSUs previously received in connection therewith; and the Dividend RSUs granted in connection with PSUs granted February 21, 2013 and dividend equivalents from the time of the PSU award until certification.
- F3The Compensation Committee of the Issuers Board of Directors allows the withholding of shares (Tax Withholding Transactions) to satisfy the Reporting Persons income tax obligation from Dividend Equivalents (DEs). The Committee pre-approves, at the time of grant, the Tax Withholding Transactions. The Reporting Person holds RSUs, PSUs and DEs reported in other Section 16 filings. This form reports the number of shares retained in the March 15, 2016 dividend payout for the Tax Withholding Transactions.
- F4IMPORTANT NOTE: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2015 and was executed in multiple trades at prices ranging from $105.76 to $106.75. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F5IMPORTANT NOTE: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 15, 2015 and was executed in multiple trades at prices ranging from $106.77 to $107.70. The price reported above reflects the weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.