SEC Form 4 · accession 0001144204-15-017332
NORTEK INC · NTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Almon C. Hall
Officer — SVP and CFO
Period of report
Mar 17, 2015
Accepted (ET)
Mar 19, 2015 · 5:36 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001216596
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Mar 17, 2015 | A | 5,715 | $17.50 | A | 60,806 | D | |
| Common | Mar 17, 2015 | F | 2,099 | $84.37 | D | 58,707 | D | |
| Common | Mar 17, 2015 | F | 1,185 | $84.37 | D | 57,522 | D | |
| Common | Mar 17, 2015 | A | 2,785 | $17.50 | A | 60,307 | D | |
| Common | Mar 17, 2015 | F | 1,058 | $84.37 | D | 59,249 | D | |
| Common | Mar 17, 2015 | F | 577 | $84.37 | D | 58,672 | D | |
| Common | Mar 17, 2015 | A | 4,848 | $34.20 | A | 63,520 | D | |
| Common | Mar 17, 2015 | F | 1,382 | $84.37 | D | 62,138 | D | |
| Common | Mar 17, 2015 | F | 1,965 | $84.37 | D | 60,173 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option - Right to BuyF1 | $17.50 | Mar 17, 2015 | M | 5,715 | D | — | Dec 17, 2019 | Common | 5,715 | 0 | D |
| Employee Stock Option - Right to BuyF1 | $17.50 | Mar 17, 2015 | M | 2,785 | D | — | Dec 17, 2019 | Common | 2,785 | 0 | D |
| Emploiyee Stock Option - Right to BuyF2 | $34.20 | Mar 17, 2015 | M | 4,848 | D | — | Mar 9, 2022 | Common | 4,848 | 0 | D |
Explanation of responses
- F1The option is exercisable in five equal annual installments. 20% becomes exercisable on each anniversary of the grant date beginning on December 17, 2010.
- F2The option grant is exercisable in three equal annual installments. One-third becomes exercisable on each anniversary of the grant date beginning on March 9, 2013.