SEC Form 4 · accession 0001225208-15-005036
LEXMARK INTERNATIONAL INC /KY/ · LXK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Rooke
Officer — Chairman and CEO · Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 4:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001288
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Feb 18, 2015 | A | 29,027 | $0.00 | A | 80,236 | D | |
| Class A Common StockF2,F3 | Feb 18, 2015 | A | 27,719 | $0.00 | A | 107,955 | D | |
| Class A Common Stock | holding | — | — | — | 624 | I | By 401(k) | |
| Class A Common Stock | holding | — | — | — | 156,313 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award to the Reporting Person of an equal number of performance-based restricted stock units (PRSUs) granted pursuant to the Issuer's stock incentive plan, as approved by the Compensation and Pension Committee of the Board of Directors (the "Committee") on February 18, 2015. On February 22, 2012, the Reporting Person was granted an opportunity to earn a maximum of 124,400 PRSUs (62,200 PRSUs at Target), subject to the achievement of the performance measure during the 2012-2014 performance period. The Committee reviewed and certified the business results for the PRSUs on February 18, 2015 and determined that performance at 47% of Target had been attained for the performance period. 100% of the earned PRSUs will settle on February 24, 2015.
- F2Represents an award to the Reporting Person of an equal number of PRSUs granted pursuant to the Issuer's stock incentive plan, as approved by the Committee on February 18, 2015. On February 19, 2014, the Reporting Person was granted an opportunity to earn a maximum of 45,800 PRSUs (22,900 PRSUs at Target), subject to the achievement of the performance measure during the 2014 performance period. The Committee reviewed and certified the business results for the PRSUs on February 18, 2015 and determined that performance at 121% of Target had been attained for the performance period. The earned PRSUs will become vested and settle in three approximately equal installments (34%, 33% and 33%) on February 24, 2015, February 24, 2016 and February 24, 2017, respectively.
- F3107,955 of these securities are RSUs and earned PRSUs, including associated DEUs, which have not yet vested.