SEC Form 4 · accession 0001144204-17-040828
GlassBridge Enterprises, Inc. · GLAE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tavis J. Morello
Officer — General Counsel
Period of report
May 22, 2017
Accepted (ET)
Aug 7, 2017 · 4:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001014111
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 22, 2017 | A | 17,500 | $0.00 | A | 27,500 | D | |
| Common StockF2 | May 22, 2017 | A | 17,500 | $0.00 | A | 45,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were granted as a restricted stock award and will vest in three equal annual installments, with the first installment vesting on May 22, 2018, subject to continuous employment on each vesting date.
- F2These shares were granted as a performance-based restricted stock award that are expected to vest in three equal annual installments, with the first installment vesting on May 22, 2018, subject to the achievement of certain performance metrics of the Issuer.