SEC Form 4 · accession 0001206264-15-000075
SOMNIGROUP INTERNATIONAL INC. · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Montgomery
Officer — EVP & President, International
Period of report
Jul 10, 2015
Accepted (ET)
Jul 14, 2015 · 4:33 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001206264
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 10, 2015 | M | 17,692 | $13.47 | A | 302,619 | D | |
| Common StockF2,F1 | Jul 10, 2015 | S | 17,692 | $70.01 | D | 284,927 | D | |
| Common StockF1 | Jul 13, 2015 | M | 32,308 | $13.47 | A | 317,235 | D | |
| Common StockF3,F1 | Jul 13, 2015 | S | 32,308 | $70.24 | D | 284,927 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF4 | $13.47 | Jul 10, 2015 | M | 17,692 | D | — | Jun 28, 2016 | Common Stock | 17,692 | 115,641 | D |
| Stock OptionsF4 | $13.47 | Jul 13, 2015 | M | 32,308 | D | — | Jun 28, 2016 | Common Stock | 32,308 | 83,333 | D |
Explanation of responses
- F1The shares were exercised and sold in an open market transaction pursuant to a 10b5-1 trading plan adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2Represents 17,692 shares sold by the reporting person at a weighted average market price of $70.01 per share. The price for the transaction reported on this line range sold from $70.00 to $70.05. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a securities holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3Represents 32,308 shares sold by the reporting person at a weighted average market price of $70.24 per share. The price for the transaction reported on this line range sold from $70.03 to $70.53. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a securities holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4These options vested and became exercisable in a series of installments. The first installment, which consisted of 25% of the aggregate number of options granted, vested on February 24, 2008. An additional 6.25% of the original aggregate number of options granted vested and became exercisable in a series of twelve successive equal quarterly installments beginning on May 24, 2008. The options covered by this grant have an expiration date of June 28, 2016.