Filing Details

Accession Number:
0001179110-10-004709
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-03-08 12:00:00
Reporting Period:
2010-03-04
Filing Date:
2010-03-08
Accepted Time:
2010-03-08 17:18:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1075531 Priceline Com Inc PCLN Services-Business Services, Nec (7389) 061528493
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1214604 Chris Soder 800 Connecticut Avenue
Norwalk CT 06854
Pres., North American Travel No 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
2010 Performance Share Unit Grant Acquisiton 2010-03-04 5,089 $0.00 5,089 No 4 A Direct
Common Stock Acquisiton 2010-03-05 10,000 $0.00 25,000 No 4 A Direct
Common Stock Disposition 2010-03-05 2,000 $231.94 23,000 No 4 S Direct
Common Stock Disposition 2010-03-05 7,700 $233.18 15,300 No 4 S Direct
Common Stock Disposition 2010-03-05 2,800 $234.07 12,500 No 4 S Direct
Common Stock Disposition 2010-03-05 2,500 $236.58 10,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
2008 Performance Share Units 5,098 Direct
Restricted Stock Units 9,074 Direct
Footnotes
  1. On March 4, 2010, Mr. Soder was granted 5,089 priceline.com Incorporated (the "Company") performance share units, which represents the "target" number of performance share units. The exact number of shares to be issued to Mr. Soder, which could be as many as one to two times the initial grant, will depend upon, among other things, the Company's financial performance. The shares, if any, will be issued on or about March 1, 2013 or earlier, in the event of, among other things, a termination of employment in certain circumstances.
  2. On March 5, 2010, performance share units, which were originally issued on March 5, 2007, vested pursuant to their terms and upon the satisfaction of the applicable performance criteria resulting in the issuance of 10,000 shares of priceline.com common stock.
  3. The shares were sold pursuant to a sales plan, dated December 9, 2009, and amended on December 15, 2009, that complies with the requirements of Rule 10b5-1(c)(1) under the Securities and Exchange Act of 1934, as amended.
  4. Represents the weighted average sales price. The range of prices received for the reported transactions was $231.50-$232.32. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
  5. Represents the weighted average sales price. The range of prices received for the reported transactions was $232.78-$233.53. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
  6. Represents the weighted average sales price. The range of prices received for the reported transactions was $234.00-$234.14. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
  7. Represents "target" number of performance share units outstanding. The actual number of shares issued, if any, could increase or decrease depending on certain performance factors.