SEC Form 4 · accession 0001209191-15-030523
ARRIS GROUP INC · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Brennan
Officer — SVP, Supply Chain & Quality
Period of report
Mar 27, 2015
Accepted (ET)
Mar 31, 2015 · 7:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001141107
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Mar 27, 2015 | C | 3,154 | $0.00 | A | 3,154 | D | |
| Restricted stockF2,F3 | Mar 27, 2015 | F | 1,379 | $28.33 | D | 16,751 | D | |
| Restricted stockF2,F1 | Mar 27, 2015 | C | 3,154 | $0.00 | D | 13,597 | D | |
| Restricted stockF4 | Mar 30, 2015 | A | 17,195 | $0.00 | A | 17,195 | D | |
| Restricted stockF5 | Mar 30, 2015 | A | 34,390 | $0.00 | A | 34,390 | D | |
| Restricted stockF6 | holding | — | — | — | 12,097 | D | ||
| Restricted stockF7 | holding | — | — | — | 32,260 | D | ||
| Restricted stockF8 | holding | — | — | — | 22,580 | D | ||
| Restricted stockF9 | holding | — | — | — | 36,260 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vested portion of a restricted stock grant converting to common stock.
- F2Represents a restricted stock grant which vests annually in fourths beginning on March 27, 2015 (the "vesting date") and on each successive anniversary of the vesting date.
- F3Represents shares withheld to cover payroll tax liability on partial vesting of previously granted restricted shares
- F4Represents a restricted stock grant which vests annually in fourths beginning on March 30, 2016 (the "vesting date") and on each successive anniversary of the vesting date.
- F5Represents a restricted stock grant which is performance-based. 0 to 34,390 of the grant are subject to the Company's shareholder return as compared to the NASDAQ Composite shareholder return over the three year period ended 12/31/2017 and will vest 1/31/2018.
- F6Represents a restricted stock grant which vests annually in fourths beginning on July 12, 2014 (the "vesting date") and on each successive anniversary of the vesting date.
- F7Represents a restricted stock grant which is performance-based. 0 to 32,260 of the grant are subject to the Company's shareholder return as compared to the NASDAQ Composite shareholder return over the three year period ended 12/31/2015 and will vest 1/31/2016.
- F8Represents a restricted stock grant in which 100% will vest on the second year anniversary of the grant, ie 07/12/2015.
- F9Represents a restricted stock grant which is performance-based. 0 to 36,260 of the grant are subject to the Company's shareholder return as compared to the NASDAQ Composite shareholder return over the three year period ended 12/31/2016 and will vest 1/31/2017.