SEC Form 4 · accession 0001209191-19-018679
HEIDRICK & STRUGGLES INTERNATIONAL INC · HSII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sarah Payne
Officer — Chief Human Resources Officer
Period of report
Mar 8, 2019
Accepted (ET)
Mar 12, 2019 · 12:20 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019 Performance Stock UnitsF1,F2,F3 | — | Mar 8, 2019 | A | 2,529 | A | — | — | Common Stock | — | 2,529 | D |
| 2019 Restricted Stock UnitsF1,F5,F4,F3 | — | Mar 8, 2019 | A | 2,529 | A | — | — | Common Stock | — | 9,064 | D |
Explanation of responses
- F1The number of PSUs or RSUs awarded to the Reporting Person was determined by dividing the total dollar value of compensation granted to the Reporting Person by $40.77 the closing price of HSII common stock on the grant date of March 8, 2019.
- F2PSUs 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 PSU or RSU represents a right to receive one share of the Issuer's Common Stock upon vesting.
- F4RSU's will vest in equal annual installments on the 1st, 2nd and 3rd anniversaries on the date of grant.
- F5Includes 6,535 RSUs previously granted in 2016,2017 and 2018.