SEC Form 4 · accession 0001588193-18-000001
SEARS HOLDINGS CORP · SHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Leena Munjal
Officer — Chief Digital Officer
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 10:39 am 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 StockF1 | Jun 1, 2018 | M | 3,960 | — | A | 10,180 | D | |
| Common StockF2 | Jun 1, 2018 | F | 1,161 | $2.28 | D | 9,019 | 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 UnitsF3 | — | Jun 1, 2018 | M | 3,960 | D | — | — | Common Stock | 3,960 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Withholding of shares of common stock to satisfy tax withholding obligations in connection with the vesting of restricted stock units.
- F3On June 1, 2015, the reporting person was granted 11,879 restricted stock units, vesting in three annual installments of 3,959 shares, 3,960 shares, and 3,960 shares beginning on the first anniversary of the grant date.