SEC Form 4 · accession 0001206264-16-000160
SOMNIGROUP INTERNATIONAL INC. · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard W Anderson
Officer — EVP & President North America
Period of report
Sep 21, 2016
Accepted (ET)
Sep 23, 2016 · 4:16 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 Stock | Sep 21, 2016 | M | 25,000 | $11.76 | A | 77,162 | D | |
| Common StockF2 | Sep 21, 2016 | S | 25,000 | $75.97 | D | 52,162 | D | |
| Common Stock | Sep 22, 2016 | M | 50,000 | $20.02 | A | 102,162 | D | |
| Common Stock | Sep 22, 2016 | S | 50,000 | $78.00 | D | 52,162 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3 | $11.76 | Sep 21, 2016 | M | 25,000 | D | — | May 15, 2018 | Common Stock | 25,000 | 0 | D |
| Stock Options (right to buy)F4 | $20.02 | Sep 22, 2016 | M | 50,000 | D | — | Jan 29, 2018 | Common Stock | 50,000 | 0 | D |
Explanation of responses
- F1The shares were exercised and sold in open market transactions pursuant to a 10b5-1 trading plan adopted by the reporting person on May 9, 2016 in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
- F2This price is the weighted average sale price for the transactions on this line. The price for the transactions reported on this line range from $75.43 to $76.22. 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 sold at each separate price.
- F3This option vested in two equal annual installments on May 15, 2009 and May 15, 2010.
- F4This option vested in four equal annual installments beginning on January 29, 2009 and ending on January 29, 2012.