SEC Form 4 · accession 0001209191-17-017996
FAIRMOUNT SANTROL HOLDINGS INC. · FMSA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J. Crandall
Officer — VP and General Counsel
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:30 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 StockF1 | Mar 1, 2017 | A | 7,900 | $0.00 | A | 57,620 | D | |
| Common StockF3 | Mar 1, 2017 | S | 2,828 | $9.65 | D | 54,792 | D | |
| Common StockF4 | holding | — | — | — | 5,000 | I | By Trust | |
| Common Stock | holding | — | — | — | 4,357 | 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)F5 | $10.03 | Mar 1, 2017 | A | 15,400 | A | — | Mar 1, 2027 | Common Stock | 15,400 | 405,470 | D |
Explanation of responses
- F1The reporting person was granted 7,900 restricted stock units. The restricted stock units vest in 1/4 increments commencing one year after the date of grant.
- F2The 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.
- F3Includes an aggregate of 39,920 restricted stock units.
- F4Owned by the reporting person's Profit Sharing Trust Plan.
- F5The options vest and become exercisable in 1/3 increments commencing one year after the date of grant.