4//SEC Filing
Belcher Eric D 4
Accession 0001628280-18-013337
CIK 0001350381other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 4:36 PM ET
Size
8.7 KB
Accession
0001628280-18-013337
Insider Transaction Report
Form 4
Belcher Eric D
President and COO
Transactions
- Exercise/Conversion
Common Stock
2018-10-31$6.00/sh+375,000$2,250,000→ 864,886 total - Exercise/Conversion
Stock Option (right to buy)
2018-10-31−375,000→ 0 totalExercise: $6.00Exp: 2018-11-14→ Common Stock (375,000 underlying) - Tax Payment
Common Stock
2018-10-31$7.19/sh−340,430$2,447,692→ 524,456 total
Footnotes (3)
- [F1]Represents the final planned "net exercise" of outstanding stock options with a November 14, 2018 expiration date, as contemplated by the previously disclosed February 2018 Transition Agreement between Mr. Belcher and InnerWorkings, Inc. These shares were withheld by InnerWorkings Inc. for payment of the exercise price and applicable taxes, based on the closing price of InnerWorkings, Inc. common stock at the time of the option exercise on October 31, 2018 of $7.19.
- [F2]The "net exercise" resulted in a net increase to Mr. Belcher's beneficially owned non-derivative securities of 34,570 shares.
- [F3]These options vested in 20% annual installments beginning November 14, 2009.
Documents
Issuer
INNERWORKINGS INC
CIK 0001350381
Entity typeother
Related Parties
1- filerCIK 0001371919
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 4:36 PM ET
- Size
- 8.7 KB