SEC Form 4 · accession 0000899243-18-006411
MONEYGRAM INTERNATIONAL INC · MGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W. Alexander Holmes
Officer — Chairman and CEO · Director
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 9:05 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 | Mar 1, 2018 | A | 292,140 | $0.00 | A | 798,758 | 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 194,760 time-based RSUs and the target number of shares of common stock eligible to be issued upon vesting of 97,380 performance-based RSUs. The time-based RSUs vest in three 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 a target of 75% 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, 2018 and a target of 25% 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, 2018 (with such combined achievement not exceeding 100% of the performance-based RSUs).
- F2Includes 510,276 shares that may be issued upon vesting of previously granted performance-based and time-based RSUs.