SEC Form 4 · accession 0001437749-16-040309
Silicon Graphics International Corp · SGI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ron Verdoorn
Director
Period of report
Oct 24, 2016
Accepted (ET)
Oct 26, 2016 · 2:06 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 | Oct 24, 2016 | M | 20,980 | $0.00 | A | 108,094 | 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 UnitsF2,F3,F4 | — | 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.
- F2Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F3These 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.
- F4Restricted Stock Units have no expiration date.