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GREEN DOT CORP — Director's Dealing 2018
Mar 17, 2018
32420_dirs_2018-03-16_e211a5cd-1060-48c3-b58d-5db04f4e30d9.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: 2018-03-15
Reporting Person: Archer Kuan (Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-03-15 | Class A Common Stock | A | 219041 | $0.00 | Acquired | 304346 | Direct |
| 2018-03-15 | Class A Common Stock | F | 27150 | $67.04 | Disposed | 277196 | Direct |
Footnotes
F1: Represents shares of Class A Common Stock underlying performance-based restricted stock unit awards granted on September 21, 2016 and March 30, 2017. 25% of the awards vested on March 15, 2018 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 $67.04 per share, which represented the closing price of the issuer's Class A Common Stock on March 15, 2018, and does not represent a sale by the reporting person.