SEC Form 4 · accession 0001209191-17-019232
HENRY SCHEIN INC · HSIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James A. Harding
Officer — SVP, Chief Technology Officer
Period of report
Mar 6, 2017
Accepted (ET)
Mar 8, 2017 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per shareF1 | Mar 6, 2017 | A | 5,851 | $0.00 | A | 27,099 | D | |
| Common Stock, par value $0.01 per shareF2 | holding | — | — | — | 600 | I | By Trust | |
| Common Stock, par value $0.01 per shareF3 | holding | — | — | — | 21,160 | I | By Trust | |
| Common Stock, par value $0.01 per share | holding | — | — | — | 1,048 | I | by 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock units (RSUs) pursuant to the Issuer's 2013 Stock Incentive Plan. Subject to certain exceptions, 65% will vest subject to (x) Issuer's achievement of a specified perf. goal and (y) reporting person's continued performance of services for the Issuer. 35% will vest subject to (x) passage of a specified period of time and (y) reporting person's continued performance of services for the Issuer. With respect to the perf.-based RSUs, if the continued service requirement is satisfied and achievement of the perf. goal (x) exceeds 100% of target, the Issuer may issue additional vested shares of common stock in an amount that corresponds to the incremental percentage of the perf. goal achieved in excess of 100% of target or (y) is less than 100% of target, the reporting person will surrender to the Issuer shares of common stock in an amount that corresponds to the incremental percentage of the perf. goal achieved that is below 100% of target (i.e., shortfall).
- F2Represents shares held by a trust where Mr. Harding is the trustee for the benefit of his children.
- F3Represents shares held by The James A. Harding Revocable Trust of which Mr. Harding is the trustee and beneficiary.