SEC Form 4 · accession 0001179110-17-004443
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 8, 2017
Accepted (ET)
Mar 10, 2017 · 5:24 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 StockF1 | Mar 8, 2017 | A | 1,726 | $0.00 | A | 33,613 | D | |
| Common StockF2 | Mar 8, 2017 | A | 3,045 | $0.00 | A | 36,658 | D | |
| Common StockF3 | Mar 8, 2017 | F | 1,174 | $36.25 | D | 35,484 | 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)F4,F5 | $36.25 | Mar 8, 2017 | A | 5,393 | A | Apr 1, 2018 | Mar 8, 2027 | Common Stock | 5,393 | 5,393 | D |
Explanation of responses
- F1Each 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.
- F2Reflects 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.
- F3Forfeited 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.
- F4Stock options vest in equal installments over a three-year vesting schedule.
- F5Stock options will expire at the earlier of ten years from the date of grant or three months following termination of employment.