Filing Details
- Accession Number:
- 0001209191-17-014431
- Form Type:
- 4/A
- Zero Holdings:
- No
- Publication Time:
- 2017-02-24 17:23:02
- Reporting Period:
- 2017-02-01
- Filing Date:
- 2017-02-24
- Accepted Time:
- 2017-02-24 17:23:02
- Original Submission Date:
- 2017-02-03
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1393612 | Discover Financial Services | DFS | () | 4/A |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1183830 | W David Nelms | 2500 Lake Cook Road Riverwoods IL 60015 | Chairman & Ceo | Yes | 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 | 2017-02-01 | 101,472 | $68.77 | 1,783,740 | No | 4 | A | Direct | |
| Common Stock | Disposition | 2017-02-01 | 57,395 | $68.77 | 1,726,345 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2017-02-01 | 15,000 | $69.81 | 1,711,345 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | A | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Footnotes
- This amended Form 4 is filed to correct the number of securities reported in Table I, which were previously incorrectly reported due to administrative error.
- Shares earned upon vesting of non-derivative performance stock units, which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). Performance stock units are convertible into shares of common stock at a ratio of 1:1.
- Number of shares withheld to pay the tax withholding obligation incurred in connection with the vesting of previously granted restricted stock units and performance stock units.
- Sold pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.54 to $70.16, 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 this footnote.
Billionaire Hedge Funds
