Filing Details

Accession Number:
0001179110-10-004708
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-08 12:00:00
Reporting Period:
2010-03-04
Filing Date:
2010-03-08
Accepted Time:
2010-03-08 17:14:27
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1075531 Priceline Com Inc PCLN Services-Business Services, Nec (7389) 061528493
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1214607 Jr J Robert Mylod 800 Connecticut Avenue
Norwalk CT 06854
Vice Chairman 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
2010 Performance Share Unit Grant Acquisiton 2010-03-04 12,192 $0.00 12,192 No 4 A Direct
Common Stock Acquisiton 2010-03-05 46,000 $0.00 135,127 No 4 A Direct
Common Stock Disposition 2010-03-05 19,758 $233.12 115,369 No 4 F Direct
Common Stock Disposition 2010-03-05 4,775 $234.52 110,594 No 4 S Direct
Common Stock Disposition 2010-03-05 1,550 $235.40 109,044 No 4 S Direct
Common Stock Disposition 2010-03-05 575 $236.58 108,469 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
2008 Performance Share Units 12,548 Direct
Restricted Stock Units 19,358 Direct
Footnotes
  1. On March 4, 2010, Mr. Mylod was granted 12,192 priceline.com Incorporated (the "Company") performance share units, which represents the "target" number of performance share units. The exact number of shares to be issued to Mr. Mylod, which could be as many as three times the initial grant or, alternatively, no shares, will depend upon, among other things, the Company's financial performance. The shares, if any, will be issued on or about March 1, 2013 or earlier, in the event of, among other things, a termination of employment in certain circumstances.
  2. On March 5, 2010, performance share units, which were originally issued on March 5, 2007, vested pursuant to their terms and upon the satisfaction of the applicable performance criteria resulting in the issuance of 46,000 shares of priceline.com common stock.
  3. On March 5, 2010, 19,758 shares of priceline.com's common stock were withheld to satisfy certain tax withholding obligations related to the vesting of performance share units of Mr. Mylod.
  4. The shares were sold pursuant to a sales plan, dated September 10, 2007, that complies with the requirements of Rule 10b5-1(c)(1) under the Securities and Exchange Act of 1934, as amended.
  5. Represents the weighted average sales price. The range of prices received for the reported transactions were $234.00-$234.98. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
  6. Represents the weighted average sales price. The range of prices received for the reported transactions were $235.07-$235.61. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
  7. Represents "target" number of performance share units outstanding. The actual number of shares issued, if any, could increase or decrease depending on certain performance factors.
  8. Represents "target" number of restricted stock units outstanding. The actual number of shares issued, if any, could decrease depending on certain performance factors.