SEC Form 4 · accession 0001179110-19-000389
CONTROL4 CORP · CTRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua D. Ellis
Officer — General Counsel
Period of report
Jan 3, 2019
Accepted (ET)
Jan 4, 2019 · 1:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001259515
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jan 3, 2019 | A | 9,700 | A | — | — | Common Stock | 9,700 | 9,700 | D |
| Performance-based Restricted Stock unitsF1,F3 | — | Jan 3, 2019 | A | 9,700 | A | — | — | Common Stock | 9,700 | 9,700 | D |
| Performance-based Restricted Stock UnitsF1,F4 | — | Jan 3, 2019 | A | 9,550 | A | — | — | Common Stock | 9,550 | 9,550 | D |
Explanation of responses
- F1Each Unit represents the right to receive, at settlement, one share of common stock at no cost.
- F2This RSU award was granted on January 3, 2019, and will vest as follows: 1/3 of the shares shall vest on February 15, 2020, and an additional 1/12 of the shares shall vest quarterly thereafter in each of the following eight quarters, subject to the reporting person's continuous service to the Issuer on each such date.
- F3This PSU award was granted on January 3, 2019, and upon the certification that certain 2019 financial performance goals were achieved, these shares will vest as follows: 1/3 of the shares shall vest on February 15, 2020, and an additional 1/12 of the shares shall vest quarterly thereafter in each of the following eight quarters, subject to the reporting person's continuous service to the Issuer on each such date.
- F4This PSU award was granted on January 3, 2019, and upon the certification that certain 2019 financial performance goals were achieved, these shares will vest in full on February 15, 2020, subject to the reporting person's continuous service to the Issuer on each such date.