SEC Form 4 · accession 0001209191-16-094460
EPIQ SYSTEMS INC · EPIQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom W Olofson
Officer — Chairman & CEO · Director · 10% Owner
Period of report
Jan 28, 2016
Accepted (ET)
Feb 1, 2016 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001027207
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 28, 2016 | A | 129,893 | $0.00 | A | 3,645,948 | D | |
| Common StockF2,F3 | Jan 28, 2016 | F | 49,314 | $11.75 | D | 3,596,634 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The grant of fully vested common stock to the Reporting Person represents the payment of 2015 annual incentive compensation based on the achievement of certain fiscal year 2015 financial objectives.
- F2Represents shares of common stock surrendered by the Reporting Person to the Issuer to satisfy income tax obligations in connection with the grant of fully vested common stock (as described in footnote 1).
- F3Common stock of 3,596,634 shown in Table 1 excludes stock option awards of 512,500. The total amount of common stock and stock option awards is 4,109,134.