SEC Form 4 · accession 0001181431-15-007895
SEARS HOLDINGS CORP · SHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leena Munjal
Officer — SVP,Cust.Exp.&IntegratedRetail
Period of report
Jun 3, 2015
Accepted (ET)
Jun 3, 2015 · 6:58 pm EDT
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 Stock | holding | — | — | — | 765 | 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 | — | Jun 1, 2015 | A | 11,879 | D | — | — | Common Stock | 11,879 | 11,879 | D |
Explanation of responses
- F1These are time-based restricted stock units (RSUs) that will vest in three annual installments of 3,959 shares, 3,960 shares, and 3,960 shares, beginning on June 1, 2016, which is the first anniversary of the date on which the shares were granted, subject to satisfaction of vesting conditions, including continued employment. Each RSU represents a contingent right to receive one share of common stock upon satisfaction of the vesting conditions.