SEC Form 4 · accession 0001104659-15-025632
COMFORT SYSTEMS USA INC · FIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julie Shaeff
Officer — Chief Accounting Officer
Period of report
Mar 25, 2015
Accepted (ET)
Apr 2, 2015 · 7:03 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001035983
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 25, 2015 | A | 2,917 | $0.00 | A | 46,058 | D | |
| Common StockF2 | Apr 1, 2015 | A | 5,426 | $0.00 | A | 51,484 | D | |
| Common StockF3,F4,F5 | Apr 2, 2015 | F | 425 | $21.04 | D | 51,059 | D | |
| Common StockF3,F6,F5 | Apr 2, 2015 | F | 343 | $21.04 | D | 50,716 | D | |
| Common StockF3,F7,F5 | Apr 2, 2015 | F | 305 | $21.04 | D | 50,411 | D | |
| Common StockF3,F8,F5 | Apr 2, 2015 | F | 1,435 | $21.04 | D | 48,976 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F9,F10 | $19.67 | Mar 25, 2015 | A | 7,530 | A | Apr 1, 2016 | Mar 25, 2025 | Common Stock | 7,530 | 7,530 | D |
Explanation of responses
- F1Each restricted stock unit granted on March 25, 2015 represents a right to receive one share of common stock and will vest in equal installments over a three-year vesting schedule.
- F10Stock options will expire at the earlier of ten years from the date of grant or three months following termination of employment.
- F2Reflects dollar-denominated performance restricted stock units granted on March 26, 2012 that vested on April 1, 2015. These units vested as a result of the Company's 2012-2014 relative Total Shareholder Return and 2012-2014 Company average EPS-the applicable performance metrics.
- F3Forfeited shares are related to dollar-denominated performance restricted stock units and restricted stock units that vested on April 1,2015 and were priced based on the average of the high and low stock price on April 1, 2015. Forfeitures were processed on April 2, 2015.
- F4Reflects forfeited shares related to the third and final vesting of restricted stock units granted on March 26, 2012.
- F5Price is based on the average of the high and low stock price on April 1, 2015.
- F6Reflects forfeited shares related to the second vesting of restricted stock units granted on March 20, 2013.
- F7Reflects forfeited shares related to the first vesting of restricted stock units granted on March 19, 2014.
- F8Reflects forfeited shares related to the vesting of dollar-denominated performance restricted stock units granted on March 26, 2012.
- F9Stock options vest in equal installments over a three-year vesting schedule.