SEC Form 4 · accession 0000769993-18-000588
GOLDMAN SACHS GROUP INC · GS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory K Palm
Officer — Executive VP - General Counsel
Period of report
Dec 26, 2018
Accepted (ET)
Dec 28, 2018 · 2:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886982
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Dec 26, 2018 | M | 34,956 | $78.78 | A | 981,871 | D | |
| Common Stock, par value $0.01 per share | Dec 26, 2018 | F | 26,811 | $156.99 | D | 955,060 | D | |
| Common Stock, par value $0.01 per shareF4 | Dec 26, 2018 | S | 8,145 | $157.1171 | D | 946,915 | D | |
| Common Stock, par value $0.01 per share | Dec 27, 2018 | M | 34,956 | $78.78 | A | 981,871 | D | |
| Common Stock, par value $0.01 per share | Dec 27, 2018 | F | 26,650 | $160.12 | D | 955,221 | D | |
| Common Stock, par value $0.01 per share | Dec 27, 2018 | S | 8,306 | $159.68 | D | 946,915 | D | |
| Common Stock, par value $0.01 per shareF5 | holding | — | — | — | 71,281 | I | See footnote | |
| Common Stock, par value $0.01 per shareF6 | holding | — | — | — | 15,726 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nonqualified Stock Options (right to buy)F7 | $78.78 | Dec 26, 2018 | M | 34,956 | D | — | Dec 31, 2018 | Common Stock, par value $0.01 per share | 34,956 | 34,956 | D |
| Nonqualified Stock Options (right to buy)F7 | $78.78 | Dec 27, 2018 | M | 34,956 | D | — | Dec 31, 2018 | Common Stock, par value $0.01 per share | 34,956 | 0 | D |
Explanation of responses
- F1This transaction was automatically triggered pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person in November 2017, without any additional action taken by the Reporting Person.
- F2Reflects the exercise by the Reporting Person of Stock Options granted in December 2008 and scheduled to expire in December 2018.
- F3Represents shares of the Issuer's common stock withheld to fund the exercise price and to satisfy withholding obligations in connection with the exercise of Stock Options described in footnote 2 above.
- F4Reflects a weighted average sale price of $157.1171 per share, at prices ranging from $156.9910 and $157.2050 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- F5Held through a limited liability company.
- F6Held through a trust, the sole trustee of which is the Reporting Person's spouse and the sole beneficiaries of which are immediate family members of the Reporting Person. The Reporting Person disclaims beneficial ownership of these shares.
- F7One-third of these Stock Options became exercisable in each of January 2010, January 2011 and January 2012.