4//SEC Filing
Bankrate, Inc. 4
Accession 0001214659-17-000748
CIK 0001518222operating
Filed
Feb 5, 7:00 PM ET
Accepted
Feb 6, 7:58 PM ET
Size
8.1 KB
Accession
0001214659-17-000748
Insider Transaction Report
Form 4
Bankrate, Inc.RATE
GILMARTIN JAMES R
SVP, General Counsel
Transactions
- Tax Payment
Common Stock
2017-02-02$10.80/sh−4,269$46,105→ 110,492 total - Tax Payment
Common Stock
2017-02-03$11.15/sh−7,505$83,681→ 102,988 total
Holdings
- 53,321
2015 Performance Shares
Footnotes (3)
- [F1]Represents shares surrendered by the reporting person to Bankrate, Inc. to satisfy withholding tax obligations due upon vesting of restricted stock previously awarded to the reporting person.
- [F2]Share number includes one additional share incorrectly excluded from the reporting person's Form 4 filed March 11, 2016 due to a scrivener's error.
- [F3]Represents the "target" number of shares of common stock. The actual number of shares of common stock that will vest will depend on the Company's financial performance in respect of the 2015 and 2016 calendar years and could be as many as one and a half times the number of performance shares initially granted or as few as zero shares. Half of the shares that are earned will vest following the determination of the award value following the end of 2016 and the remaining half will vest on the third anniversary of the grant date, subject to continued employment through the applicable vesting dates. The shares are also subject to full or partial acceleration in the event of certain terminations of employment or the occurrence of certain terminations of employment following a change in control.
Documents
Issuer
Bankrate, Inc.
CIK 0001518222
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001518222
Filing Metadata
- Form type
- 4
- Filed
- Feb 5, 7:00 PM ET
- Accepted
- Feb 6, 7:58 PM ET
- Size
- 8.1 KB