SEC Form 4 · accession 0001209191-16-100694
DIGITALGLOBE, INC. · DGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey R Tarr
Officer — President and CEO · Director
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 5:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001208208
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 17, 2016 | A | 37,653 | $0.00 | A | 252,939 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightF3 | — | Feb 17, 2016 | A | 37,653 | A | — | Feb 17, 2020 | Common Stock | 37,653 | 37,653 | D |
Explanation of responses
- F1Represents Restricted Stock Units (RSUs) which vest in four equal annual installments beginning on the first anniversary of the grant date. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F2Granted by the Issuer for no consideration.
- F3Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest at specified percentages upon achieving specified stock price targets (based on a 45-day trailing average stock price) during a four-year measurement period and will be subject to an additional 1-year time-based vesting requirement for any portion of the award that is earned during the first three years of the measurement period.