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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Options | $ 12.145 | 03/02/2015 | M | 32,935 | 08/03/2009 | 08/03/2015 | Common Stock | 32,935 | $ 12.145 | 0 | D | ||||
Options | $ 8.655 | 03/03/2015 | M | 57,770 | 06/15/2010 | 06/15/2016 | Common Stock | 57,770 | $ 8.655 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KRAKOWSKY PHILIPPE C/O IPG 1114 AVE OF THE AMERICAS NEW YORK, NY 10036 |
EVP, Chief Strat & Talent Ofcr |
/s/Robert Dobson POA for Philippe Krakowsky | 03/04/2015 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Involves the exercise of 32,395 options which were set to expire on August 3, 2015 and subsequent sale of the underlying shares. |
(2) | Includes restricted stock which is subject to forfeiture under certain circumstances. |
(3) | Involves the exercise of 57,770 options which were set to expire on June 15, 2016 and subsequent sale of underlying shares. The options were exercised in 2 increments consisting of 3,065 on 3/2/2015 and 54705 on 3/3/2015. |
(4) | Reflects average price of multiple sales on March 2, 2015 ranging from $22.42-$22.56. Mr. Krakowsky undertakes to provide upon request by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
(5) | Reflects average price of mulitple sales on March 3, 2015 ranging from $22.22-$22.51. Mr. Krakowsky undetakes to provide upon equest by the Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
(6) | Open market sale. |