SEC Form 4/A · accession 0001140361-15-016248
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
Sep 1, 2014
Accepted (ET)
Apr 23, 2015 · 4:39 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 | Sep 1, 2014 | M | 646 | — | A | 4,727 | D | |
| Common StockF2 | Sep 1, 2014 | F | 211 | $4.69 | D | 4,516 | 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 UnitsF3,F4,F1 | — | Sep 1, 2014 | M | 646 | D | — | — | Common Stock | 646 | 645 | D |
| Restricted Stock UnitsF5,F6 | — | Sep 1, 2014 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date. 646 restricted stock units vested on September 1, 2014. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.
- F2The original Form 4 filed on September 3, 2014 incorrectly reported the amount of securities beneficially owned following the reported transactions. This amended Form 4 states the correct amounts.
- F3On September 1, 2011, the reporting person was granted 2,583 restricted stock units, vesting in four equal annual installments beginning on September 1, 2012, the first anniversary of the date of the grant.
- F4Following the vesting of the 646 restricted stock units reported hereby, the remaining 645 restricted stock units will vest on September 1, 2015.
- F5Each restricted stock unit represents a contingent right to receive one share of common stock on the applicable vesting date.
- F6The restricted stock units vest in four annual installments beginning on September 1, 2015, the first anniversary of the date of the grant. Vested shares will be issued to the reporting person as soon as practicable after each vesting date.