SEC Form 4 · accession 0001206264-16-000118
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
Feb 19, 2016
Accepted (ET)
Feb 23, 2016 · 5:16 pm EST
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 Stock | Feb 19, 2016 | M | 83,333 | $13.47 | A | 368,260 | D | |
| Common StockF1 | Feb 19, 2016 | S | 21,511 | $54.68 | D | 346,749 | D | |
| Common StockF2 | Feb 19, 2016 | A | 5,282 | $0.00 | A | 352,031 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $13.47 | Feb 19, 2016 | M | 83,333 | D | — | Jun 28, 2016 | Common Stock | 83,333 | 0 | D |
Explanation of responses
- F1This price is the weighted average sales price for the transactions on this line. The price for the transactions reported on this line range from $54.24 to $55.22. The reporting person undertakes to provide,upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F2Represents the number of shares the reporting person earned on February 19, 2016 under a PRSU award granted on February 28, 2014, covering a two-year performance period ending December 31, 2015.
- F3These 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.