SEC Form 4 · accession 0000897101-16-002996
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
Sep 27, 2016
Accepted (ET)
Sep 29, 2016 · 5:36 pm EDT
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 | — | Sep 27, 2016 | A | 7,920 | A | — | — | Common stock | 7,920 | 7,920 | 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 September 27, 2019 and shall be paid in shares of the Issuer's common stock.