Filing Details
- Accession Number:
- 0001214659-16-011655
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-05-17 17:00:12
- Reporting Period:
- 2016-05-14
- Filing Date:
- 2016-05-17
- Accepted Time:
- 2016-05-17 17:00:12
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1518222 | Bankrate Inc. | RATE | Services-Computer Processing & Data Preparation (7374) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1631450 | R James Gilmartin | C/O Bankrate, Inc. 477 Madison Ave., Suite 430 New York NY 10022 | Svp, General Counsel | 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 | 2016-05-14 | 1,831 | $8.70 | 117,880 | No | 4 | F | Direct | |
Common Stock | Disposition | 2016-05-17 | 3,119 | $8.68 | 114,761 | 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 |
---|---|---|---|
2015 Performance Shares | 53,321 | 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.
- 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 2015 and 2016 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 2016 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.