Filing Details

Accession Number:
0001181431-10-048171
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-09-28 13:14:41
Reporting Period:
2010-09-24
Filing Date:
2010-09-28
Accepted Time:
2010-09-28 13:14:41
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1393612 Discover Financial Services DFS Personal Credit Institutions (6141) 362517428
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1401323 E Diane Offereins 2500 Lake Cook Road
Riverwoods IL 60015
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-09-24 1,442 $0.00 500,996 No 4 A Direct
Common Stock Disposition 2010-09-28 30,000 $16.36 470,996 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 856 Indirect by ESOP
Footnotes
  1. The shares represent a portion of the reporting person's salary, net withholdings and deductions, for the most recent pay period and were issued under the Company's Amended and Restated 2007 Omnibus Incentive Plan. For more information, please see the Current Report on Form 8-K which was filed by the Company on December 11, 2009.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $16.45, inclusive. The reporting person undertakes to provide to Discover Financial Services, any security holder of Discover Financial Services, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 2 to this Form 4.