SEC Form 4 · accession 0001050915-16-000024
QUANTA SERVICES, INC. · PWR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Michal Conaway
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 6:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001050915
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 28, 2016 | M | 4,823 | — | A | 20,546 | D | |
| Common Stock | May 28, 2016 | D | 2,412 | $23.66 | D | 18,134 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | May 26, 2016 | A | 6,035 | A | — | — | Common Stock | 6,035 | 10,858 | D |
| Restricted Stock UnitsF1,F3 | — | May 28, 2016 | M | 4,823 | D | — | — | Common Stock | 4,823 | 6,035 | D |
Explanation of responses
- F1The restricted stock units are settled in shares of common stock on a one-for-one basis, provided that in certain circumstances the reporting person may elect to settle up to 50% of the restricted stock units in cash.
- F2Unless otherwise provided in the award agreement, the restricted stock units vest and settle on May 28, 2017. Settlement of all or a portion of the restricted stock units may be deferred by the reporting person pursuant to the terms of a nonqualified deferred compensation plan maintained by the Company.
- F3On May 21, 2015, the reporting person was granted 4,823 restricted stock units that vested on May 28, 2016. Prior to the scheduled vesting, the reporting person elected to settle 50% of the restricted stock units in cash.