SEC Form 4 · accession 0001209191-15-015448
Dresser-Rand Group Inc. · DRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jan Kees van Gaalen
Officer — Executive V.P. & CFO
Period of report
Feb 15, 2015
Accepted (ET)
Feb 18, 2015 · 5:17 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001316656
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 15, 2015 | M | 1,643 | $0.00 | A | 2,839 | D | |
| Common StockF2 | Feb 15, 2015 | F | 487 | $81.21 | D | 2,352 | D | |
| Common StockF3 | Feb 15, 2015 | A | 3,778 | $0.00 | A | 6,130 | D | |
| Common StockF2 | Feb 15, 2015 | F | 1,032 | $81.21 | D | 5,098 | 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 | $0.00 | Feb 15, 2015 | M | 1,643 | D | — | — | Common Stock | 1,643 | 3,286 | D |
| Restricted Stock UnitsF4 | $0.00 | Feb 15, 2015 | A | 12,298 | A | — | — | Common Stock | 12,298 | 12,298 | D |
Explanation of responses
- F1Vesting of restricted stock unit grant dated February 15, 2014 pursuant to the Dresser-Rand Group Inc. 2008 Stock Incentive Plan (the "Plan").
- F2Withholding of stock to satisfy tax withholding obligation.
- F3Represents shares issued in settlement of vesting of performance restricted stock unit grant dated February 15, 2014 pursuant to the Plan.
- F4Grant of restricted stock units pursuant to the Plan, exempt under Rule 16b-3. Restricted stock units become vested in three equal annual installments beginning on February 15, 2016.