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GREEN DOT CORP — Director's Dealing 2017
Mar 11, 2017
32420_dirs_2017-03-10_cece4cd5-09b2-4bea-9b00-cd982a80b44f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: GREEN DOT CORP (GDOT)
CIK: 0001386278
Period of Report: 2017-03-08
Reporting Person: Archer Kuan (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-03-08 | Class A Common Stock | A | 27314 | $0.00 | Acquired | 126571 | Direct |
| 2017-03-08 | Class A Common Stock | F | 2566 | $0.00 | Disposed | 124005 | Direct |
Footnotes
F1: Represents shares of Class A Common Stock underlying a performance-based restricted stock unit award granted on March 25, 2016. 25% of the award vested on March 8, 2017 and the remaining 75% will vest ratably over the next three years on each December 31, subject to the reporting person's provision of service to the issuer on each vesting date.
F2: Represents shares of Class A Common Stock that have been withheld by the issuer to satisfy its income tax withholding and remittance obligations in connection with the net settlement of the PRSUs, based on a price of $29.36 per share, which represented the closing price of the issuer's Class A Common Stock on March 8, 2017, and does not represent a sale by the reporting person.