SEC Form 4 · accession 0001209191-17-017995
FAIRMOUNT SANTROL HOLDINGS INC. · FMSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Richardson
Officer — Executive Vice President
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:29 pm EST
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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2017 | A | 12,900 | $0.00 | A | 118,400 | D | |
| Common StockF2 | Mar 1, 2017 | S | 2,846 | $9.5605 | D | 115,554 | D | |
| Common Stock | holding | — | — | — | 2,953 | I | By 401(k) Plan |
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)F3 | $10.03 | Mar 1, 2017 | A | 19,300 | A | — | Mar 1, 2027 | Common Stock | 19,300 | 191,300 | D |
Explanation of responses
- F1The transaction reflects the number of shares of Common Stock sold pursuant to the terms of the Restricted Stock Unit Agreement and in accordance with the Fairmount Santrol Holdings Inc. 2014 Long Term Incentive Plan, to satisfy the reporting person's tax withholding obligations upon the vesting of 7,500 restricted stock units.
- F2Includes an aggregate of 78,400 restricted stock units.
- F3The options vest and become exercisable in 1/3 increments commencing one year after the date of grant.