SEC Form 4 · accession 0000899243-17-006705
SEARS HOLDINGS CORP · SHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benito David Pastrana
Officer — President, Apparel
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001310067
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 3, 2017 | M | 1,667 | — | A | 3,767 | D | |
| Common Stock | Mar 3, 2017 | F | 617 | $7.62 | D | 3,150 | 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 UnitsF1,F2 | — | Mar 3, 2017 | M | 1,667 | D | — | — | Common Stock | 1,667 | 1,667 | D |
Explanation of responses
- F1Each RSU represented a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.
- F2This restricted stock unit award was granted on March 3, 2014 and vested in three annual installments of 1,666 shares, 1,667 shares, and 1,667 shares each, beginning on March 3, 2015, which was the first anniversary of the date on which the shares were granted, subject to satisfaction of vesting conditions, including continued employment.