SEC Form 4 · accession 0001674338-16-000002
MONEYGRAM INTERNATIONAL INC · MGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kamila K Chytil
Officer — SVP Global Operations
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 5:58 pm EDT
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 | Jul 1, 2016 | F | 2,033 | $7.00 | D | 36,211 | D | |
| Common StockF3,F2 | Jul 1, 2016 | A | 16,287 | $0.00 | A | 52,498 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares withheld for the payment of tax liabilities in connection with the vesting of 7,428 RSUs that were granted on July 1, 2015.
- F2Includes 30,816 shares that may be issued upon vesting of previously granted performance-based and time-based RSUs.
- F3Represents the number of shares of common stock issuable upon vesting of 13,572 time-based RSUs and the target number of shares of common stock eligible to be issued upon vesting of 2,715 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 Adjusted EBITDA is achieved for the year ended December 31, 2016 and up to 50% of the performance-based RSUs vesting over such three year period if a target level of self-service revenue is achieved for the year ended December 31, 2016.