SEC Form 4 · accession 0001179110-18-003941
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 7, 2018
Accepted (ET)
Mar 9, 2018 · 2:46 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 7, 2018 | A | 4,456 | $0.00 | A | 40,309 | D | |
| Common StockF2 | Mar 7, 2018 | A | 9,227 | $0.00 | A | 49,536 | D | |
| Common StockF3 | Mar 7, 2018 | F | 3,527 | $42.50 | D | 46,009 | 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 | $42.50 | Mar 7, 2018 | A | 14,514 | A | Apr 1, 2019 | Mar 7, 2028 | Common Stock | 14,514 | 14,514 | D |
Explanation of responses
- F1Each restricted stock unit granted on March 7, 2018 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 25, 2015 that vested on March 7, 2018. These units vested as a result of the Company's 2015-2017 relative Total Shareholder Return and 2015-2017 Company average EPS - the applicable performance metrics.
- F3Forfeited shares are related to dollar-denominated performance restricted stock units that vested on March 7, 2018 and were priced based on the closing price of the Company's common stock on March 7, 2018.
- 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.