SEC Form 4 · accession 0000897101-16-001765
VALSPAR CORP · VAL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Les H Ireland
Officer — Executive Vice President
Period of report
Jan 14, 2016
Accepted (ET)
Jan 19, 2016 · 5:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000102741
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | holding | — | — | — | 5,930 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted stock unitsF1 | — | Jan 14, 2016 | A | 2,469 | A | — | — | Common stock | 2,469 | 2,469 | D |
Explanation of responses
- F1Grant of time-based restricted stock units where each restricted stock unit represents a right to receive one share of the Issuer's common stock. The restricted stock units will vest on January 14, 2019 and shall be paid in shares of the Issuer's common stock.