SEC Form 4/A · accession 0001140361-15-016246
FIRST MARBLEHEAD CORP · FMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Suzanne E Murray
Officer — Managing Director
Period of report
Aug 15, 2014
Accepted (ET)
Apr 23, 2015 · 4:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001262279
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Aug 15, 2014 | M | 1,500 | — | A | 3,474 | D | |
| Common StockF3 | Aug 15, 2014 | F | 489 | $4.87 | D | 2,985 | D | |
| Common StockF4,F3 | Aug 16, 2014 | M | 1,625 | — | A | 4,610 | D | |
| Common StockF3 | Aug 16, 2014 | F | 529 | $4.87 | D | 4,081 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5,F6,F2 | — | Aug 15, 2014 | M | 1,500 | D | — | — | Common Stock | 1,500 | 3,000 | D |
| Restricted Stock UnitsF7,F8,F4 | — | Aug 16, 2014 | M | 1,625 | D | — | — | Common Stock | 1,625 | 4,875 | D |
Explanation of responses
- F1Amounts reported in this Form 4 reflect the one-for-ten reverse stock split effected by the issuer on December 2, 2013.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 1,500 restricted stock units vested on August 15, 2014. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- F3The original Form 4 filed on August 19, 2014 incorrectly reported the amount of securities beneficially owned following the reported transactions. This amended Form 4 states the correct amounts.
- F4Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 1,625 restricted stock units vested on August 16, 2014. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- F5On August 15, 2012, the reporting person was granted 6,000 restricted stock units, vesting in four equal annual installments beginning on August 15, 2013, the first anniversary of the date of the grant.
- F6Following the vesting of the 1,500 restricted stock units reported hereby, the remaining 3,000 restricted stock units will vest in two equal annual installments ending on August 15, 2016.
- F7On August 16, 2013, the reporting person was granted 6,500 restricted stock units, vesting in four equal annual installments beginning on August 16, 2014, the first anniversary of the date of the grant.
- F8Following the vesting of the 1,625 restricted stock units reported hereby, the remaining 4,875 restricted stock units will vest in three equal annual installments ending on August 16, 2017.