Carlos Minetti - 01 Mar 2022 Form 4 Insider Report for Discover Financial Services (DFS)

Role
EVP, Pres. - Consumer Banking
Signature
/s/ Efie Vainikos as Attorney-In-Fact for Carlos M. Minetti
Issuer symbol
DFS
Transactions as of
01 Mar 2022
Net transactions value
$0
Form type
4
Filing time
08 Mar 2022, 16:58:37 UTC
Previous filing
01 Mar 2022
Next filing
06 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Gift $0 -13,000 -8.7% $0.000000 137,034 01 Mar 2022 Direct F1
transaction DFS Common Stock Gift $0 +13,000 $0.000000 13,000 01 Mar 2022 By VMC Investment Holdings LLC F1
transaction DFS Common Stock Gift $0 -19,703 -14% $0.000000 117,331 04 Mar 2022 Direct F1
transaction DFS Common Stock Gift $0 +19,703 +152% $0.000000 32,703 04 Mar 2022 By VMC Investment Holdings LLC F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects transfer of shares to VMC Investment Holdings LLC (the "LLC"). The reporting person owns 0.5% of the LLC and the remaining 99.5% of the LLC is owned by a family trust.