SEC Form 4 · accession 0000899243-17-005280
MONEYGRAM INTERNATIONAL INC · MGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Stoneham
Officer — VP and Corporate Controller
Period of report
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 7:05 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001273931
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 22, 2017 | A | 5,307 | $0.00 | A | 25,013 | D | |
| Common StockF3,F4,F5 | Feb 22, 2017 | F | 89 | $12.72 | D | 24,878 | D | |
| Common StockF6,F7,F8 | Feb 23, 2017 | F | 957 | $12.75 | D | 23,852 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares of common stock issuable upon vesting of 3,538 time-based RSUs and the target number of shares of common stock eligible to be issued upon vesting of 1,769 performance-based RSUs. The time-based RSUs vest in 3 equal installments on each anniversary of the grant date. The performance-based RSUs vest in three equal installments on each anniversary of the grant date if certain performance goals are achieved, with up to 50% of the performance-based RSUs vesting over such three year period if a target level of constant currency Adjusted EBITDA is achieved for the year ended December 31, 2017 and up to 50% of the performance-based RSUs vesting over such three year period if a target level of constant currency revenue is achieved for the year ended December 31, 2017, subject to potential adjustments to take into account certain impacts of a proposed merger.
- F2Includes 17,180 shares that may be issued upon vesting of previously granted performance-based and time-based RSUs.
- F3Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of 270 performance-based RSUs that were granted on February 24, 2014.
- F4The price was determined based on the closing price of $12.72 per share of MoneyGram International, Inc.'s common stock on February 22, 2017.
- F5Includes 22,171 shares that may be issued upon vesting of previously granted performance-based and time-based RSUs.
- F6Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of 2,950 time-based RSUs and 567 performance-based RSUs that were granted on February 23, 2016.
- F7The price was determined based on the closing price of $12.75 per share of MoneyGram International, Inc.'s common stock on February 23, 2017.
- F8Includes 18,585 shares that may be issued upon vesting of previously granted performance-based and time-based RSUs.