SEC Form 4 · accession 0001209191-15-060829
ARRIS GROUP INC · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald Coppock
Officer — President-Worldwide Sales
Period of report
Jul 12, 2015
Accepted (ET)
Jul 14, 2015 · 6:46 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,F2 | Jul 13, 2015 | S | 4,863 | $31.2228 | D | 33,300 | D | |
| Common stockF3 | Jul 12, 2015 | C | 4,863 | $0.00 | A | 38,163 | D | |
| Restricted stockF4,F5 | Jul 12, 2015 | F | 4,480 | $30.85 | D | 23,547 | D | |
| Restricted stockF4,F3 | Jul 12, 2015 | C | 4,863 | $0.00 | D | 18,684 | D | |
| Restricted stockF6 | holding | — | — | — | 8,393 | D | ||
| Restricted stockF7 | holding | — | — | — | 11,357 | D | ||
| Restricted stockF8 | holding | — | — | — | 45,430 | D | ||
| Restricted stockF9 | holding | — | — | — | 14,955 | D | ||
| Restricted stockF10 | holding | — | — | — | 39,880 | D | ||
| Restricted stockF11 | holding | — | — | — | 18,915 | D | ||
| Restricted stockF12 | holding | — | — | — | 37,830 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares sold subject to an existing Rule 10b5-1 Sales Plan.
- F10Represents a restricted stock grant which is performance-based. 0 to 39,880 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.
- F11Represents 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.
- F12Represents a restricted stock grant which is performance-based. 0 to 37,830 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.
- F2The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $31.16 to $31.25, inclusive. The reporting person undertakes to provide the issuer or any security holder of the issuer or the staff of the Security and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
- F3Represents the vested portion of a restricted stock grant converting to common stock.
- F4Represents 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.
- F5Represents shares withheld to cover payroll tax liability on partial vesting of previously granted restricted shares
- F6Represents a restricted stock grant which vests annually in fourths beginning on March 28, 2013 (the "vesting date") and on each successive anniversary of the vesting date.
- F7Represents a restricted stock grant which vests annually in fourths beginning on March 29, 2014 (the "vesting date") and on each successive anniversary of the vesting date.
- F8Represents a restricted stock grant which is performance-based. 0 to 45,430 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.
- F9Represents 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.