SEC Form 4 · accession 0001209191-15-018446
CONVERGYS CORP · CVG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Claudia L. Cline
Officer — EVP & General Counsel
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062047
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2 | Feb 23, 2015 | A | 11,433 | — | A | 52,270 | D | |
| Common Shares | Feb 24, 2015 | M | 5,400 | $12.79 | A | 57,670 | D | |
| Common SharesF3 | Feb 24, 2015 | S$0 | 10,051 | — | D | 47,619 | D | |
| Common SharesF1 | holding | — | — | — | 66 | I | By 401(k) Plan |
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) | $12.79 | Feb 24, 2015 | M | 5,400 | D | Feb 10, 2012 | Feb 10, 2022 | Common Shares | 5,400 | 0 | D |
Explanation of responses
- F1This number represents the reporting person's shares held in the Company's 401(k) plan.
- F2Award of time-based restricted stock units that have a three year vesting, 25% on February 23, 2016, 25% on February 23, 2017, and 50% on February 23, 2018.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.21 to $22.267 inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in the footnote to this Form 4.