SEC Form 4 · accession 0001209191-15-044453
FAIRMOUNT SANTROL HOLDINGS INC. · FMSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Van T. Smith
Officer — Executive Vice President
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001010858
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | May 15, 2015 | A | 9,020 | $0.00 | A | 16,296 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $8.83 | May 15, 2015 | A | 48,400 | A | — | May 15, 2025 | Common Stock | 48,400 | 242,200 | D |
Explanation of responses
- F1The restricted stock units vest on May 15, 2020 but will be subject to accelerated vesting upon the achievement of certain pre-established cumulative EBITDA targets.
- F2The stock options vest on May 15, 2019 but will be subject to accelerated vesting upon the achievement of certain pre-established annual and/or cumulative EBITDA targets.