Filing Details
- Accession Number:
- 0001214659-14-003711
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-05-16 18:00:14
- Reporting Period:
- 2014-05-14
- Filing Date:
- 2014-05-16
- Accepted Time:
- 2014-05-16 18:00:14
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1518222 | Bankrate Inc. | RATE | Services-Business Services, Nec (7389) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1598433 | J Jeffrey Grant | C/O Bankrate, Inc. 11760 Us Highway One, Suite 200 North Palm Beach FL 33408 | Ceo, Insurance | No | No | 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 | Disposition | 2014-05-14 | 3,262 | $14.77 | 59,427 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2014-05-16 | 6,938 | $14.80 | 52,489 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| 2014 Performance Shares | 76,276 | Direct |
Footnotes
- 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.
- Includes 52,489 restricted shares.
- The transaction was pursuant to a 10b5-1 trading plan.
- 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 2014 and 2015 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 2015 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.
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