SEC Form 4 · accession 0001209191-18-018481
Spok Holdings, Inc · SPOK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Hemant Goel
Officer — President of Spok, Inc.
Period of report
Mar 9, 2018
Accepted (ET)
Mar 9, 2018 · 4:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001289945
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 9, 2018 | M | 8,748 | — | A | 11,201 | D | |
| Common StockF3 | Mar 9, 2018 | F | 2,677 | $15.90 | D | 8,524 | 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 UnitsF2,F4 | — | Mar 9, 2018 | M | 8,748 | D | — | — | Common Stock | 8,748 | 89,923 | D |
| Restricted Stock UnitsF5 | — | Mar 9, 2018 | D | 8,749 | D | — | — | Common Stock | 8,749 | 81,183 | D |
Explanation of responses
- F1On March 9, 2018, shares were issued upon vesting of Restricted Stock Units ("RSUs") granted to Mr. Goel under the Spok Holdings, Inc. 2015 Long Term Incentive Plan (the "2015 LTIP").
- F2RSUs were granted to Mr. Goel under the 2015 LTIP. Each RSU represents a contingent right to receive one share of the issuer's Common Stock.
- F3On March 9, 2018 Mr. Goel surrendered 2,677 shares of Spok Holdings, Inc. ("the Company") common stock to the Company in payment of required tax withholdings due upon vesting of the Company's 2015 Long Term Incentive Plan. The price was based on the closing price per share of March 2, 2018 as reported on NASDAQ.
- F4On March 9, 2018 8,748 shares vested under the 2015 LTIP.
- F5On March 9, 2018, 8,749 shares were forfeited due to performance criteria of the 2015 LTIP not being met.