SEC Form 4 · accession 0001415889-15-004199
ARRIS GROUP INC · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Brennan
Officer — SVP, GLOBAL SUPPLY CHAIN
Period of report
Dec 24, 2015
Accepted (ET)
Dec 29, 2015 · 6:14 pm EST
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 | Dec 24, 2015 | M | 24,808 | $0.00 | A | 43,627 | D | |
| Restricted stock (P) 130712F2,F1 | Dec 24, 2015 | F | 14,524 | $29.41 | D | 17,736 | D | |
| Restricted stock (P) 130712F2,F3 | Dec 24, 2015 | M | 17,736 | $0.00 | D | 0 | D | |
| Restricted stock (T) 140327F4,F1 | Dec 24, 2015 | F | 2,041 | $29.41 | D | 11,556 | D | |
| Restricted stock (T) 140327F4,F3 | Dec 24, 2015 | M | 2,492 | $0.00 | D | 9,064 | D | |
| Restricted stock (T) 150330F4,F1 | Dec 24, 2015 | F | 1,936 | $29.41 | D | 15,259 | D | |
| Restricted stock (T) 150330F4,F3 | Dec 24, 2015 | M | 2,363 | $0.00 | D | 12,896 | D | |
| Restricted stock (T) 130712F4,F1 | Dec 24, 2015 | F | 1,816 | $29.41 | D | 6,247 | D | |
| Restricted stock (T) 130712F4,F3 | Dec 24, 2015 | M | 2,217 | $0.00 | D | 4,030 | D | |
| Restricted stock (P) 140327F2 | holding | — | — | — | 36,260 | D | ||
| Restricted stock (P) 150330F2 | holding | — | — | — | 34,390 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld to cover payroll tax liability on vesting of previously granted restricted shares.
- F2Represents a restricted stock grant that is performance-based and can vest between 0 and 200% of the grant amount based on the Company's shareholder return as compared to the NASDAQ Composite shareholder return over a three-year measurement period. Amount shown reflects maximum vesting of the award at the 200% level.
- F3Represents the vested portion of award grant converting to common stock.
- F4Represents a restricted stock grant which vests in four equal annual installments beginning one year from the grant date.