SEC Form 4 · accession 0001003344-15-000062
HEADWATERS INC · HW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Gehrmann
Officer — Pres. Headwaters Resources
Period of report
Nov 4, 2015
Accepted (ET)
Nov 5, 2015 · 7:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001003344
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock | Nov 4, 2015 | A | 6,210 | $0.00 | A | 69,043 | D | |
| Restricted Stock | Nov 5, 2015 | S | 2,112 | $17.9301 | D | 66,931 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation Rights | $17.83 | Nov 4, 2015 | A | 11,807 | A | Sep 30, 2016 | Sep 30, 2025 | Common Stock | 11,807 | 11,807 | D |
Explanation of responses
- F1Vesting pro rata yearly for a period of 3 years on September 30th, subject to performance condition.
- F2Sale proceeds are for the payment of taxes due upon vesting of incentive stock awards.