SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Stromberg William J

(Last) (First) (Middle)
T. ROWE PRICE GROUP, INC.
P.O. BOX 89000

(Street)
BALTIMORE MD 21289-0320

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PRICE T ROWE GROUP INC [ TROW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Vice President
3. Date of Earliest Transaction (Month/Day/Year)
09/09/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/09/2015 A 5,250(1) A $0 875,375.962 D
Common Stock 09/10/2015 A V 11.403 A $81.2637(2) 875,387.365 D
Common Stock 96,000 I William J. Stromberg Irrevocable Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to Buy) $70.92 09/10/2015 A 17,500 12/09/2016(3) 09/10/2020 Common Stock 17,500 $0 17,500 D
Stock Options (Right to Buy) $54.8329 09/04/2009(4) 09/04/2018 Common Stock 91,883 91,883 D(5)
Stock Options (Right to Buy) $26.3885 11/01/2010(6) 02/12/2019 Common Stock 48,363 48,363 D(5)
Stock Options (Right to Buy) $43.3725 11/01/2010(7) 09/10/2019 Common Stock 51,921 51,921 D(5)
Stock Options (Right to Buy) $47.6474 11/01/2011(8) 02/18/2020 Common Stock 46,842 46,842 D(5)
Stock Options (Right to Buy) $45.7933 11/01/2011(9) 09/08/2020 Common Stock 46,843 46,843 D(5)
Stock Options (Right to Buy) $67.5613 11/01/2012(10) 02/17/2021 Common Stock 44,240 44,240 D(5)
Stock Options (Right to Buy) $48.56 11/01/2012(11) 09/08/2021 Common Stock 44,241 44,241 D(5)
Stock Options (Right to Buy) $59.0693 12/10/2013(12) 02/23/2022 Common Stock 22,119 22,119 D(5)
Stock Options (Right to Buy) $60.7984 12/10/2013(13) 09/06/2022 Common Stock 20,819 20,819 D(5)
Stock Options (Right to Buy) $69.6708 12/10/2014(14) 02/21/2023 Common Stock 20,498 20,498 D(15)
Stock Options (Right to Buy) $70.2854 12/10/2014(16) 09/10/2023 Common Stock 20,499 20,499 D(15)
Stock Options (Right to Buy) $77.9443 12/10/2015(17) 02/19/2024 Common Stock 17,936 17,936 D(15)
Stock Options (Right to Buy) $78.4418 12/10/2015(18) 09/09/2024 Common Stock 17,936 17,936 D(15)
Stock Options (Right to Buy) $80.9492 12/09/2016(19) 02/19/2025 Common Stock 17,936 17,936 D(15)
Explanation of Responses:
1. On September 09, 2015, the Executive Compensation Committee certified that the performance threshold on certain performance-based restricted stock awards were met. The awards are settled in shares of common stock upon vesting. The awards vest in five equal annual installments beginning on December 10, 2015.
2. Shares acquired pursuant to the T. Rowe Price Group, Inc. Employee Stock Purchase Plan at the noted weighted-average price.
3. 09/10/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/09/2016.
4. 09/04/2008 Grant - The option vests 20% annually over a 5 year period beginning on 09/04/2009.
5. As required under the relevant plan and option agreements, the strike price and number of shares subject to outstanding stock options were adjusted by 1.56% on December 13, 2012, and by 2.5% on April 7, 2015, the ex-dividend dates, as a result of special dividends that were declared by T. Rowe Price Group, Inc.
6. 2/12/2009 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2010.
7. 09/10/2009 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2010.
8. 02/18/2010 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2011.
9. 09/08/2010 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2011.
10. 02/17/2011 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2012.
11. 09/08/2011 Grant - The option vests 20% annually over a 5 year period beginning on 11/01/2012.
12. 02/23/2012 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2013.
13. 09/06/2012 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2013.
14. 02/21/2013 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2014.
15. As required under the relevant plan and option agreements, the strike price and number of shares subject to outstanding stock options were adjusted by 2.5% on April 7, 2015, the ex-dividend date, as a result of a special dividend that was declared by T. Rowe Price Group, Inc.
16. 09/10/2013 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2014.
17. 02/19/2014 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2015.
18. 09/09/2014 Grant - The option vests 20% annually over a 5 year period beginning on 12/10/2015.
19. 02/19/2015 Grant - The option vests 20% annually over a 5 year period beginning on 12/09/2016.
/s/ William J. Stromberg 09/11/2015
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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