SEC Form 4 · accession 0001209191-17-048633
RED HAT INC · RHT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
General Henry Hugh Shelton
Director
Period of report
Aug 10, 2017
Accepted (ET)
Aug 11, 2017 · 5:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001087423
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 10, 2017 | M | 9,707 | $0.00 | A | 21,271 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitF2 | $0.00 | Aug 10, 2017 | M | 345 | D | — | — | Common Stock | 345 | 0 | D |
| Deferred Stock UnitF3 | $0.00 | Aug 10, 2017 | M | 344 | D | — | — | Common Stock | 344 | 0 | D |
| Deferred Stock UnitF4 | $0.00 | Aug 10, 2017 | M | 2,033 | D | — | — | Common Stock | 2,033 | 0 | D |
| Deferred Stock UnitF5 | $0.00 | Aug 10, 2017 | M | 366 | D | — | — | Common Stock | 366 | 0 | D |
| Deferred Stock UnitF6 | $0.00 | Aug 10, 2017 | M | 249 | D | — | — | Common Stock | 249 | 0 | D |
| Deferred Stock UnitF7 | $0.00 | Aug 10, 2017 | M | 3,849 | D | — | — | Common Stock | 3,849 | 0 | D |
| Deferred Stock UnitF8 | $0.00 | Aug 10, 2017 | M | 2,521 | D | — | — | Common Stock | 2,521 | 0 | D |
Explanation of responses
- F1These shares were acquired on a one-for-one basis pursuant to DSU distributions triggered by the Reporting Person's end of service on the Board of Directors of Red Hat, Inc. effective August 10, 2017.
- F2This DSU was granted on February 15, 2011 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of cash compensation, and was fully vested as of the date of the grant. The DSU settled in shares of Red Hat's common stock on a one-for-one basis upon termination of the Reporting Person's Board of Director service.
- F3This DSU was granted on May 16, 2011 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of cash compensation, and was fully vested as of the date of the grant. The DSU settled in shares of Red Hat's common stock on a one-for-one basis upon termination of the Reporting Person's Board of Director service.
- F4This DSU was granted on July 18, 2011 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and was fully vested on the first anniversary of the date of the grant. The DSU settled in shares of common stock upon termination of the Reporting Person's Board of Director service.
- F5This DSU was granted on August 15, 2011 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of cash compensation, and was fully vested as of the date of the grant. The DSU settled in shares of Red Hat's common stock on a one-for-one basis upon termination of the Reporting Person's Board of Director service.
- F6This DSU was granted on November 15, 2011 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of cash compensation, and was fully vested as of the date of the grant. The DSU settled in shares of Red Hat's common stock on a one-for-one basis upon termination of the Reporting Person's Board of Director service.
- F7This DSU was granted on July 16, 2012 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and was fully vested on the first anniversary of the date of the grant. The DSU settled in shares of common stock upon termination of the Reporting Person's Board of Director service.
- F8This DSU was granted on July 16, 2013 pursuant to Red Hat's 2010 Non-Employee Director Compensation Plan, in lieu of all or a portion of an annual grant of restricted stock, and was fully vested on the first anniversary of the date of the grant. The DSU settled in shares of common stock upon termination of the Reporting Person's Board of Director service.