0001491778-17-000184.txt : 20170918
0001491778-17-000184.hdr.sgml : 20170918
20170918183208
ACCESSION NUMBER: 0001491778-17-000184
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170915
FILED AS OF DATE: 20170918
DATE AS OF CHANGE: 20170918
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Durchslag Scott A
CENTRAL INDEX KEY: 0001652734
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35339
FILM NUMBER: 171090700
MAIL ADDRESS:
STREET 1: 1030 EAST WASHINGTON STREET
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46202
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Angie's List, Inc.
CENTRAL INDEX KEY: 0001491778
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING [7310]
IRS NUMBER: 272440197
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1030 EAST WASHINGTON STREET
STREET 2: SUITE 100
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46202
BUSINESS PHONE: 317-803-3973
MAIL ADDRESS:
STREET 1: 1030 EAST WASHINGTON STREET
STREET 2: SUITE 100
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46202
4
1
wf-form4_150577391321222.xml
FORM 4
X0306
4
2017-09-15
0
0001491778
Angie's List, Inc.
ANGI
0001652734
Durchslag Scott A
ANGIE'S LIST, INC.
1030 EAST WASHINGTON STREET
INDIANAPOLIS
IN
46202
1
1
0
0
President & CEO
Common Stock
2017-09-15
4
M
0
29846
0
A
508811
D
Common Stock
2017-09-15
4
F
0
14013
11.68
D
494798
D
Performance Restricted Stock Units (PRSU)
2017-09-15
4
M
0
29846
0
D
Common Stock
29846.0
328309
D
Reflects the gross number of shares of the Issuer's common stock, before tax, that were to be acquired upon settlement of the corresponding PRSUs listed in Table II. Actual shares were issued net of shares withheld by the Issuer on behalf of the reporting person for tax purposes.
Represents the number of shares of the Issuer's common stock withheld by the Issuer on behalf of the reporting person to be applied toward the tax obligation created by the vesting of the corresponding PRSUs listed in Table II. This withholding was completed pursuant to an election of the "withhold to cover" option set forth under the Amended and Restated Omnibus Incentive Plan for such purposes.
Each PRSU represents a contingent right to receive one share of the Issuer's common stock upon settlement, and there is no exercise price associated with the PRSUs.
Represents quarterly installment of the vesting of the third tranche of the PRSUs described in Footnote 5. The remaining 89,538 PRSUs under the third tranche of this award will continue to vest ratably on a quarterly basis over the next three quarters, contingent upon continued employment on such vesting dates.
On September 8, 2015, Mr. Durchslag was granted 955,084 PRSUs, comprised of four individual tranches, each representing 238,771 PRSUs, with separate performance criteria. The first and second of the four PRSU tranches, representing 477,542 PRSUs, were earned during 2015, commenced vesting as of the first anniversary of the date of grant and are now fully vested. The third PRSU tranche, representing 238,771 PRSUs, was earned on June 15, 2017 and commenced vesting as of that date. If earned, the fourth PRSU tranche would vest one-half upon achievement of the corresponding stock price target, and the remaining one-half of the tranche would vest ratably on a quarterly basis over a one-year period thereafter, contingent upon continued employment on such vesting dates.
The first and second tranches are fully vested, while the third tranche has been earned and commenced vesting. The fourth PRSU tranche expires if the corresponding stock price target is not achieved within a four-year performance period following the date of grant. Once earned, there is no expiration date with respect to the PRSUs granted. Units will either vest or be forfeited.
/s/ Shannon M. Shaw, as Attorney-in-fact
2017-09-18