SEC Form 4 · accession 0001328581-15-000072
BOISE CASCADE Co · BCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Carlile
Officer — CEO · Director
Period of report
Feb 25, 2015
Accepted (ET)
Feb 27, 2015 · 5:26 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001328581
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01F1 | Feb 25, 2015 | A | 19,146 | $0.00 | A | 55,393 | D | |
| Common Stock, par value $0.01F2 | Feb 26, 2015 | F | 9,449 | $36.17 | D | 45,944 | 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 | — | Feb 25, 2015 | A | 2,903 | A | — | — | Common Stock, par value $0.01 | 2,903 | 29,230 | D |
Explanation of responses
- F1Represents shares underlying performance stock unit awards issued pursuant to the registrant's 2013 Incentive Compensation Plan. The number of shares issued under the performance stock units was determined based upon 2014 EBITDA, defined as income before interest (interest expense and interest income), income taxes, and depreciation and amortization.
- F2Represents shares withheld for taxes upon the satisfaction of the time and performance vesting conditions with respect to the 2014 performance stock unit award.
- F3Each restricted stock unit represents a contingent right to receive one share of Boise Cascade Company common stock.
- F4The restricted stock units vest on February 25, 2016. Vested shares will be delivered to the reporting person 6 months and 1 day following the reporting person's termination as a director of Boise Cascade Company (or other employment with the company).