SEC Form 4 · accession 0001437749-15-011246
Silicon Graphics International Corp · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jorge Titinger
Officer — President & CEO · Director
Period of report
May 27, 2015
Accepted (ET)
May 28, 2015 · 6:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316625
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 27, 2015 | M | 20,312 | $0.00 | A | 127,958 | D | |
| Common StockF2 | May 27, 2015 | F | 7,633 | $6.76 | D | 120,325 | 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,F4 | — | May 27, 2015 | M | 20,312 | D | May 27, 2015 | — | Common Stock | 20,312 | 224,414 | D |
Explanation of responses
- F1Upon vesting, each restricted stock unit was converted into an equivalent number of shares of the Company's common stock.
- F2These shares were retained by the Company in order to meet the tax withholding obligations of the award holder in connection with the vesting of an installment of the restricted stock units. The amount retained by the Company was not in excess of the amount of the tax liability.
- F3Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F4Restricted Stock Units have no expiration date.