Filing Details
- Accession Number:
- 0001179110-11-007867
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2011-05-12 16:52:26
- Reporting Period:
- 2011-05-10
- Filing Date:
- 2011-05-12
- Accepted Time:
- 2011-05-12 16:52:26
- 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: | 105,556 shares | Avg. Price: $527.46 | Total Value: $55,676,882.58 |
Number of Shares After Transactions: | 221,260 shares |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2011-05-10 | 88,890 | $30.66 | 310,150 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2011-05-10 | 16,666 | $20.28 | 326,816 | No | 4 | M | Direct | |
Common Stock | Disposition | 2011-05-10 | 16,160 | $524.90 | 310,656 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 23,729 | $526.17 | 286,927 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 24,098 | $527.32 | 262,829 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 14,121 | $528.27 | 248,708 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 13,012 | $529.03 | 235,696 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 10,225 | $530.22 | 225,471 | No | 4 | S | Direct | |
Common Stock | Disposition | 2011-05-10 | 4,211 | $531.16 | 221,260 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Options (right to buy) | Acquisiton | 2011-05-10 | 88,890 | $0.00 | 88,890 | $30.66 |
Common Stock | Stock Options (right to buy) | Acquisiton | 2011-05-10 | 16,666 | $0.00 | 16,666 | $20.28 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2011-05-25 | No | 4 | M | Direct | |
16,668 | 2013-05-07 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
2011 Performance Share Units | 9,682 | Direct | |
2010 Performance Share Units | 12,404 | Direct | |
Restricted Stock Units | 27,828 | Direct | |
Common Stock | 166 | Indirect | See Footnote |
Footnotes
- The shares were sold pursuant to 2 sales plans, 1 dated March 10, 2008 (the "2008 Plan") and 1 dated August 24, 2009 (the "2009 Plan"), each of which comply with the requirements of Rule 10b5-1(c)(1) under the Securities and Exchange Act of 1934, as amended. The terms of the sales plans were summarized in Form 8-Ks filed with the Securities and Exchange Commission on March 14, 2008 and August 27, 2009. The existence of the 2008 Plan, the total shares subject to the plan and the date of adoption of the plan were disclosed in priceline.com's proxy statements filed with the Securities and Exchange Commission on April 30, 2009 (pg. 27), April 30, 2010 (pg. 27) and April 29, 2011 (pg. 33). The existence of the 2009 Plan, the total shares subject to the plan and the date of adoption of the plan were disclosed on pg. 27 of priceline.com's proxy statement filed with the Securities and Exchange Commission on April 30, 2010 (pg. 27)and April 29, 2011 (pg. 33).
- Represents the weighted average sales price. The range of prices received for the reported transactions was $524.50 - $525.40. 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 was $525.6425 - $526.64. 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 was $526.78 - $527.75. 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 was $527.78 - $528.75. 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 was $528.78 - $529.69. 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 was $529.82 - $530.75. 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 was $530.83 - $531.67. 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.
- One-half of the stock options vested on May 25, 2001 and the remaining stock options vested pro rata monthly thereafter through November 25, 2002.
- One-third of the stock options vested on May 7, 2004 and the remaining stock options vested pro rata monthly thereafter through May 7, 2006.