SEC Form 4 · accession 0001006837-17-000048
INNOVATE Corp. · VATE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suzi R Herbst
Officer — Chief Administrative Officer
Period of report
Mar 10, 2017
Accepted (ET)
Mar 14, 2017 · 4:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001006837
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 10, 2017 | A | 15,909 | $0.00 | A | 38,815 | D | |
| Common StockF2 | Mar 10, 2017 | F | 6,019 | $5.50 | D | 32,796 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects shares of restricted stock granted pursuant to the HC2 Holdings, Inc. 2014 Omnibus Equity Award Plan (the "Plan"), which vests 1/3 on the grant date and 1/3 on each of the next two anniversaries of the grant date, provided the Reporting Person is employed by the Issuer on the applicable vesting date.
- F2Reflects common stock withheld by Issuer to satisfy tax obligations.