SEC Form 4 · accession 0001209191-17-020088
HEIDRICK & STRUGGLES INTERNATIONAL INC · HSII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Marino
Officer — Exec. VP & Managing Partner
Period of report
Mar 9, 2017
Accepted (ET)
Mar 13, 2017 · 1:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001066605
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017 Restricted Stock UnitsF1,F2,F3 | — | Mar 9, 2017 | A | 3,086 | A | — | — | Common Stock | — | 3,086 | D |
| 2017 Performance Stock UnitsF1,F2,F3 | — | Mar 9, 2017 | A | 3,086 | A | — | — | Common Stock | — | 3,086 | D |
Explanation of responses
- F1The number of RSU's or PSUs awarded to the Reporting Person was determined by dividing the total dollar value of compensation granted to the Reporting Person by the closing price of HSII common stock on the grant date March 9, 2017.
- F2RSUs are service-based and will vest in three equal installments on the first, second and third anniversaries of the date of grant. PSUs are target-based equity grants that generally vest three years from the grant date if certain performance goals are achieved.
- F3Granted under the Company's Global Share Plan. Each RSU or PSU represents a right to receive one share of the Issuer's Common Stock upon vesting.