SEC Form 4 · accession 0001511284-16-000135
TRC COMPANIES INC /DE/ · TRR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Martin H Dodd
Officer — SVP , Sec'y. and Gen. Counsel
Period of report
Aug 23, 2016
Accepted (ET)
Sep 6, 2016 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000103096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.10 par valueF1 | Aug 23, 2016 | A | 12,000 | $0.00 | A | 177,515 | D | |
| Common Stock, $0.10 par valueF2 | Aug 23, 2016 | A | 18,000 | $0.00 | A | 195,515 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Unit award. The shares are subject to future vesting in 25% increments each on August 23, 2017, August 23, 2018, August 23, 2019, and August 23, 2020.
- F2Performance Stock Unit award. The award will vest based on Company performance in the fiscal year ending June 30, 2017. Additionally, the award is subject to adjustment based on threshold, target, and maximum performance factors. The adjustment ranges from 50% to 150%. The award will be pro-rated for achievement of the performance factor within the range established by the Company's Compensation Committee. To the extent awarded, the Performance Stock unit will vest in equal 25% increments on August 23, 2017, August 23, 2018, August 23, 2019, and August 23, 2020.