SEC Form 4 · accession 0001562180-15-000183

CIRCOR INTERNATIONAL INC · CIR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Mar 5, 2015

Accepted (ET)

Mar 9, 2015 · 2:50 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001091883

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Mar 5, 2015	M	1,822	—	A	22,342	D
Common Stock^F2	Mar 5, 2015	M	509	—	A	22,851	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit (MSP)^F1	$0.00	Mar 5, 2015	M	1,822	D	Mar 5, 2015	Mar 5, 2022	Common Stock	1,822	0	D
Restricted Stock Unit^F2	$0.00	Mar 5, 2015	M	509	D	Mar 5, 2015	Mar 5, 2022	Common Stock	509	0	D

F1The Restricted Stock Units (RSUs), the conversion of which are reported herein, were issued to the Reporting Person pursuant to issuers Management Stock Purchase Plan (MSPP) on 3/5/2012 utilizing a fair market value (FMV) of a share of the issuers stock of $32.76. RSUs are issued in whole units on the basis of a 33 percent discount from FMV of the issuers common stock on the date the underlying bonus is determined ($21.95 in this case) and generally vest 3 years from date of grant, at which time they convert into shares of common stock unless the executive has previously elected a longer deferral period. Acquisition price reflects the 33% discount to FMV of issuers stock on grant date. This report reflects the acquisition by the Reporting Person of the common stock underlying the RSUs.
F2The Restricted Stock Units (RSUs), the conversion of which are reported herein, were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on 3/05/2012 utilizing a fair market value (FMV) of a share of the issuers stock of $32.76. The RSU grant vests in equal portions over a three year period, and are received by the Reporting Person upon vesting, on a one-for-one basis. This report reflects the final vesting of one-third portion of the original RSU grant and the acquisition by the Reporting Person of the underlying shares.