LOEB HOLDING CORP exercised options at INTERSECTIONS INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/14/2019ACC: 0000899681-19-000013
Director10% Owner
Since Oct 2018
-8.80M
Net shares
Net seller
$32.40M
Total sold
0
Open market trades
0B · 0S
5
Total transactions
1.32M acquired · 10.13M disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
−7.48M
Price / share
$3.68
Trade value
$27.53M
% of position
New position
1/11/2019
7.48M→0.00
Common Stock
Direct
Shares
−485.00
Price / share
$3.68
Trade value
$1.78K
% of position
New position
1/11/2019
485.00→0.00
Common Stock
Direct
Shares
+1.32M
Price / share
$3.68
Trade value
$4.87M
% of position
New position
1/11/2019
-1.32M→0.00
Common Stock
Direct
Shares
−1.32M
Price / share
$3.68
Trade value
$4.87M
% of position
New position
1/11/2019
1.32M→0.00
Total
Net shares
−7.48M
Net value
-$27.53M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/11/2019 | J · J | −7.48M | $3.68 | $27.53M | New position | 7.48M | 0.00 |
| Common Stock Direct | 1/11/2019 | U · U | −485.00 | $3.68 | $1.78K | New position | 485.00 | 0.00 |
| Common Stock Direct | 1/11/2019 | M · Option Exercise | +1.32M | $3.68 | $4.87M | New position | -1.32M | 0.00 |
| Common Stock Direct | 1/11/2019 | J · J | −1.32M | $3.68 | $4.87M | New position | 1.32M | 0.00 |
| Total | −7.48M | -$27.53M | ||||||
Derivative Transactions1
Senior Secured Convertible Note
Direct
Converts to
Common Stock
1.32M shares
Shares
−1.32M
Strike price
2.27
Held after
0.00
Exercisable
—
1/11/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Senior Secured Convertible Note Direct | Common Stock1.32M shares | 1/11/2019 | M · Option Exercise | −1.32M | 2.27 | — | 0.00 |