SEC Form 4 · accession 0001206264-16-000159
SOMNIGROUP INTERNATIONAL INC. · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott L Thompson
Officer — CEO & PRESIDENT · Director
Period of report
Sep 4, 2016
Accepted (ET)
Sep 7, 2016 · 7:59 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 | Sep 4, 2016 | A | 39,334 | $0.00 | A | 160,699 | D | |
| Common StockF2 | Sep 6, 2016 | F | 1,306 | $80.27 | D | 159,393 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F1 | — | Sep 4, 2016 | M | 39,334 | D | — | — | Common Stock | 39,334 | 78,666 | D |
Explanation of responses
- F1Represents the conversion of the portion of the restricted stock units granted on September 4, 2015 that vested on September 4, 2016. The restricted stock units vest as follows: 39,334 on September 4, 2016 and 39,333 on each of September 4, 2017 and 2018, respectively. Payout of the vested common shares is deferred until thirty days following the Reporting Person's termination of employment.
- F2Represents the number of shares withheld in accordance with the award agreement to cover the minimum statutory total withholding taxes arising upon the vesting of these RSUs.
- F3Each restricted stock unit represents a contingent right to receive one share of TPX common stock.