Williams Rich 4
4 · Groupon, Inc. · Filed Jan 6, 2020
Insider Transaction Report
Form 4
Groupon, Inc.GRPN
Williams Rich
President, North America
Transactions
- Exercise/Conversion
Common Stock
2020-01-02+40,971→ 3,524,762 total - Tax Payment
Common Stock
2020-01-02$2.37/sh−20,322$48,163→ 3,504,440 total - Exercise/Conversion
Performance Share Units
2020-01-02−40,971→ 122,914 totalFrom: 2020-01-02→ Common Stock (40,971 underlying)
Footnotes (4)
- [F1]Settlement of non-derivative performance share units for the one-year performance period ending December 31, 2018, granted under the Groupon, Inc. 2011 Incentive Plan and exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d).
- [F2]Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of performance share units. This is not an open market sale of securities.
- [F3]Each performance share unit represents a contingent right to receive one share of Common Stock.
- [F4]The performance share units reported on this line were earned effective February 11, 2019, and vest in four equal annual installments beginning on January 2, 2020, in each case subject to Mr. Williams' employment as of the vesting date.