Filing Details
- Accession Number:
- 0001179110-10-004705
- 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 17:13:17
- 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 |
---|---|---|---|---|---|---|---|
1214606 | H Jeffery Boyd | 800 Connecticut Avenue Norwalk CT 06854 | President And Ceo | Yes | Yes | No | No |
Transaction Summary
Sold: | 27,357 shares | Avg. Price: $233.38 | Total Value: $6,384,516.83 |
Number of Shares After Transactions: | 206,138 shares |
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 | 12,404 | $0.00 | 12,404 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2010-03-05 | 66,000 | $0.00 | 233,495 | No | 4 | A | Direct | |
Common Stock | Disposition | 2010-03-05 | 1,500 | $231.76 | 231,995 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-03-05 | 15,900 | $232.95 | 216,095 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-03-05 | 7,400 | $233.97 | 208,695 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-03-05 | 2,359 | $234.89 | 206,336 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-03-08 | 198 | $239.84 | 206,138 | 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 | |
No | 4 | S | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
2008 Performance Share Units | 18,038 | Direct | |
Restricted Stock Units | 27,828 | Direct | |
Common Stock | 166 | Indirect | See Footnote |
Footnotes
- On March 4, 2010, Mr. Boyd was granted 12,404 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. Boyd, which could be as many as three times the initial grant, or alternatively, no shares, 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.
- 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 66,000 shares of priceline.com common stock.
- The shares were sold pursuant to a sales plan, dated August 22, 2008, that complies with the requirements of Rule 10b5-1(c)(1) under the Securities and Exchange Act of 1934, as amended. The shares were sold to pay the taxes associated with the vesting of the performance share units on March 5, 2010.
- Represents the weighted average sales price. The range of prices received for the reported transactions were $231.42-$232.30. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
- Represents the weighted average sales price. The range of prices received for the reported transactions were $232.44-$233.40. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
- Represents the weighted average sales price. The range of prices received for the reported transactions were $233.44-$234.29. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
- Represents the weighted average sales price. The range of prices received for the reported transactions were $234.45-$235.32. Upon request by the Commission staff, priceline.com will provide full information regarding the number of shares sold at each separate price.
- 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.
- Represents "target" number of restricted stock units outstanding. The actual number of shares issued, if any, could decrease depending on certain performance factors.
- Shares held by an immediate family member, of which Mr. Boyd disclaims beneficial ownership.