FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Ward Tracy
2. Issuer Name and Ticker or Trading Symbol

INTERSECTIONS INC [ INTX ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Principal Accounting Officer
(Last)          (First)          (Middle)

C/O INTERSECTIONS INC., 3901 STONECROFT BOULEVARD
3. Date of Earliest Transaction (MM/DD/YYYY)

1/11/2019
(Street)

CHANTILLY, VA 20151
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 of Derivative Security: 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
EMPLOYEE STOCK OPTION (RIGHT TO BUY)   $2.09   1/11/2019     D         10000      (1) 2/19/2028   COMMON STOCK   10000   $1.59   (1) 0   D    
RESTRICTED STOCK UNIT     (2) 1/11/2019     D         19131      (3)   (3) COMMON STOCK   19131     (3) 0   D    
RESTRICTED STOCK UNIT     (2) 1/11/2019     D         3750      (3)   (3) COMMON STOCK   3750     (3) 0   D    

Explanation of Responses:
(1)  Reflects disposition on January 11, 2019 pursuant to the terms of the Agreement and Plan of Merger by and among WC SACD One Parent, Inc., a Delaware corporation ("Parent"), WC SACD One Merger Sub, Inc., a Delaware corporation and a wholly-owned subsidiary of Parent and the Issuer dated as of October 31, 2018 (as amended, the "Merger Agreement"). In accordance with the terms of the Merger Agreement, each option (whether vested or unvested) to acquire shares of the common stock of the Issuer was cancelled in exchange for the right to receive an amount in cash equal to the excess of $3.68 over the exercise price of such option.
(2)  Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock or, at the Issuer's option, cash or a combination of the two.
(3)  Reflects disposition on January 11, 2019 pursuant to the terms of the Merger Agreement. In accordance with the terms of the Merger Agreement, each restricted stock unit (including restricted stock units that became fully vested pursuant to the Merger Agreement) was cancelled and converted automatically into the right to receive $3.68 in cash.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Ward Tracy
C/O INTERSECTIONS INC.
3901 STONECROFT BOULEVARD
CHANTILLY, VA 20151


Principal Accounting Officer

Signatures
/s/ Todd E. Lenson, Attorney-In-Fact 1/14/2019
** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Intersections, Inc. (NASDAQ:INTX)
Historical Stock Chart
From Apr 2024 to May 2024 Click Here for more Intersections, Inc. Charts.
Intersections, Inc. (NASDAQ:INTX)
Historical Stock Chart
From May 2023 to May 2024 Click Here for more Intersections, Inc. Charts.