SEC Form 4 · accession 0001179110-17-014276

CONTROL4 CORP · CTRL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Eric Anderson

Officer — SVP of Products

Period of report

Nov 15, 2017

Accepted (ET)

Nov 16, 2017 · 7:44 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001259515

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Nov 15, 2017	M	1,416	—	A	21,184	D
Common Stock^F2	Nov 15, 2017	F	665	$33.12	D	20,519	D
Common Stock^F1	Nov 15, 2017	M	1,416	—	A	21,935	D
Common Stock^F3	Nov 15, 2017	F	665	$33.12	D	21,270	D
Common Stock^F4	holding	—	—		—	28	I	By 401(k) plan

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Performance-based Restricted Stock Units^F1,F5	—	Nov 15, 2017	M	1,416	D	—	—	Common Stock	1,416	7,084	D
Restricted Stock Units^F1,F6	—	Nov 15, 2017	M	1,416	D	—	—	Common Stock	1,416	7,084	D

Explanation of responses

F1Each unit represents the right to receive, at settlement, one share of common stock at no cost.
F2The minimum federal and state tax withholding due at the vesting of PSU was satisfied by Control4 through a net issuance of these shares, which were retained by Control4 as treasury stock, and the requisite withholding amount was paid to the relevant tax authorities by Control4 on behalf of the Reporting Person. We used the closing price of the shares on the day prior to the vest date for withholding calculations.
F3The minimum federal and state tax withholding due at the vesting of RSU was satisfied by Control4 through a net issuance of these shares, which were retained by Control4 as treasury stock, and the requisite withholding amount was paid to the relevant tax authorities by Conrol4 on behalf of the Reporting Person. We used the closing price of the shares on the day prior to the vest date for withholding calculations.
F4Based on the Reporting Person's most recent 401(k) Plan statement.
F5This PSU award was granted on January 1, 2016, and upon the certification that certain 2016 financial performance goals were achieved, these shares will vest as follows: 1/3 of the shares vested on February 10, 2017, and an additional 1/12 of the shares shall vest quarterly thereafter on the 15th of the first month in each of the following eight quarters, subject to the reporting person's continuous service to the Issuer on each such date.
F6This RSU award was granted on January 1, 2016, and will vest as follows: 1/3 of the shares vested on February 10, 2017, and an additional 1/12 of the shares shall vest quarterly thereafter on the 15th of the first month in each of the following eight quarters, subject to the reporting person's continuous service to the Issuer on each such date.