SEC Form 4 · accession 0001437749-16-040298
Silicon Graphics International Corp · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael William Hagee
Director
Period of report
Oct 24, 2016
Accepted (ET)
Oct 26, 2016 · 1:49 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 Stock | Oct 24, 2016 | M | 2,833 | $5.07 | A | 33,623 | D | |
| Common Stock | Oct 24, 2016 | M | 10,000 | $5.34 | A | 43,623 | D | |
| Common StockF1 | Oct 24, 2016 | M | 20,980 | $7.70 | A | 64,603 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (Right to Buy)F2 | $5.07 | Oct 24, 2016 | M | 2,833 | D | May 29, 2013 | May 29, 2019 | Common Stock | 2,833 | 80,000 | D |
| Non-Qualified Stock Option (Right to Buy)F2 | $5.34 | Oct 24, 2016 | M | 10,000 | D | Aug 11, 2013 | Aug 11, 2019 | Common Stock | 10,000 | 70,000 | D |
| Restricted Stock UnitsF3,F4,F5 | — | Oct 24, 2016 | M | 20,980 | D | Oct 24, 2016 | — | Common Stock | 20,980 | 0 | D |
Explanation of responses
- F1Upon vesting, each restricted stock unit was converted into an equivalent number of shares of the Company's common stock.
- F2Such option shares are fully vested and fully exerciseable four years after grant date.
- F3Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F4These restricted stock unit shares became fully vested at SGI's Special Meeting of Stockholders on October 11, 2016 and became exercisable upon their release to the Reporting Person on October 24, 2016.
- F5Restricted Stock Units have no expiration date.