SEC Form 4 · accession 0001179110-17-004435
COMFORT SYSTEMS USA INC · FIX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William George III
Officer — Chief Financial Officer
Period of report
Mar 8, 2017
Accepted (ET)
Mar 10, 2017 · 5:16 pm EST
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 Stock | Mar 7, 2017 | G | 4,977 | $0.00 | D | 40,138 | D | |
| Common StockF2 | Mar 8, 2017 | A | 4,935 | $0.00 | A | 45,073 | D | |
| Common StockF3 | Mar 8, 2017 | A | 8,528 | $0.00 | A | 53,601 | D | |
| Common StockF4 | Mar 8, 2017 | F | 3,479 | $36.25 | D | 50,122 | 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)F5,F6 | $36.25 | Mar 8, 2017 | A | 15,422 | A | Apr 1, 2018 | Mar 8, 2027 | Common Stock | 15,422 | 15,422 | D |
Explanation of responses
- F1This transaction represents a charitable donation.
- F2Each restricted stock unit granted on March 8, 2017 represents a right to receive one share of common stock and will vest in equal installments over a three-year vesting schedule.
- F3Reflects dollar-denominated performance restricted stock units granted on March 19, 2014 that vested on March 8, 2017. These units vested as a result of the Company's 2014-2016 relative Total Shareholder Return and 2014-2016 Company average EPS - the applicable performance measures.
- F4Forfeited shares are related to dollar-denominated performance restricted stock units that vested on March 8, 2017 and were priced based on the closing price of the Company's common stock on March 8, 2017.
- F5Stock options vest in equal installments over a three-year vesting schedule.
- F6Stock options will expire at the earlier of ten years from the date of grant or three months following termination of employment.