0001491778-15-000143.txt : 20150910
0001491778-15-000143.hdr.sgml : 20150910
20150910161554
ACCESSION NUMBER: 0001491778-15-000143
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150908
FILED AS OF DATE: 20150910
DATE AS OF CHANGE: 20150910
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
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: 151101335
MAIL ADDRESS:
STREET 1: 1030 EAST WASHINGTON STREET
CITY: INDIANAPOLIS
STATE: IN
ZIP: 46202
4
1
wf-form4_144191614403289.xml
FORM 4
X0306
4
2015-09-08
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
Stock Options (right to buy)
5.21
2015-09-08
4
A
0
471522
0
A
2025-09-08
Common Stock
471522.0
471522
D
Restricted Stock Units (RSU)
0.0
2015-09-08
4
A
0
479846
0
A
Common Stock
479846.0
479846
D
Performance Restricted Stock Units (PRSU)
0.0
2015-09-08
4
A
0
955084
0
A
Common Stock
955084.0
955084
D
The stock options vest in four equal annual installments beginning on September 8, 2016.
Each RSU 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 RSUs.
The RSUs vest such that one-fourth of the RSUs awarded vest on the first anniversary of the date of grant, and the remaining three-fourths of the RSUs awarded vest ratably on a quarterly basis over a three year period thereafter, contingent on continued employment on such vesting dates.
There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited.
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.
The PRSUs consist of four tranches with separate performance criteria. Each tranche, representing 238,771 PRSUs, is earned upon achievement of an average Company stock price over any 30 consecutive trading days that is (i) 40%, (ii) 70% (iii) 100% or (iv) 300%, respectively, above the stock price at market close on the date of grant.
PRSUs earned prior to the first anniversary of the grant date vest one-half upon the first anniversary of the grant date, and the remaining one-half vest ratably on a quarterly basis over a one year period thereafter. PRSUs earned subsequent to the first anniversary of the grant date vest one-half upon achievement of the corresponding stock price target, and the remaining one-half vest ratably on a quarterly basis over a one year period thereafter, contingent on continued employment on such vesting dates.
Each of the first three PRSU tranches, representing 716,313 total PRSUs, expires if the corresponding individual stock price targets are not achieved within a three year performance period following the date of grant. The fourth PRSU tranche, comprised of 238,771 PRSUs, 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
2015-09-10