Robert Andrew Eichfeld - 01 Feb 2023 Form 4 Insider Report for Discover Financial Services (DFS)

Role
EVP - Chief HR & Admin Officer
Signature
/s/ Efie Vainikos as Attorney-In-Fact for Robert Andrew Eichfeld
Issuer symbol
DFS
Transactions as of
01 Feb 2023
Net transactions value
-$1,267,759
Form type
4
Filing time
03 Feb 2023, 15:16:24 UTC
Previous filing
01 Mar 2022
Next filing
27 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DFS Common Stock Award $0 +19,796 +68% $0.000000 48,884 01 Feb 2023 Direct F1
transaction DFS Common Stock Tax liability $1,267,759 -10,945 -22% $115.83 37,939 01 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 536.1017 shares acquired pursuant to a broker-administered dividend reinvestment plan that qualifies for the exemption in Rule 16a-11 under the Securities Exchange Act of 1934 and 222.7537 shares acquired under the Discover Financial Services Employee Stock Purchase Plan for the period beginning January 1, 2022 and ending on December 31, 2022.
F2 Number of shares withheld to pay the tax withholding obligation incurred in connection with the vesting of previously granted performance stock units and restricted stock units.