SEC Form 3 · accession 0001225208-17-012403
Seaspan CORP · SSW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter Curtis
Officer — Chief Operating Officer
Period of report
Jun 30, 2017
Accepted (ET)
Jul 6, 2017 · 9:17 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001332639
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common SharesF1,F2 | holding | — | — | — | 16,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Share UnitsF1,F3 | $0.00 | holding | — | — | — | Jan 1, 2015 | — | Class A Common Shares | 10,000 | — | D |
| Phantom Share UnitsF1,F4 | $0.00 | holding | — | — | — | Jan 1, 2016 | — | Class A Common Shares | 30,000 | — | D |
| Phantom Share UnitsF1,F5 | $0.00 | holding | — | — | — | Jan 1, 2017 | — | Class A Common Shares | 30,000 | — | D |
| Phantom Share UnitsF1,F6 | $0.00 | holding | — | — | — | Jan 1, 2018 | — | Class A Common Shares | 30,000 | — | D |
| Stock Appreciation RightsF1,F7 | $26.50 | holding | — | — | — | — | Dec 31, 2017 | Class A Common Shares | 140,341 | — | D |
Explanation of responses
- F1This report is a voluntary filing.
- F2Includes 6,334 Class A Common Shares subject to an award under the Seaspan Ship Management Ltd. Amended Employee Cash and Share Bonus Plan, of which 3,829 shares will be issued on June 30, 2018 and 2,505 shares will be issued on June 30, 2019.
- F3This award of Phantom Share Units was granted on June 10, 2014, and is fully vested and exchangeable for the Company's Class A Common Shares on a one-for-one basis upon notice to the Company by the Reporting Person.
- F4This award of Phantom Share Units was granted on March 31, 2015, and vests in three installments after the date of grant. 10,000 units vested on January 1, 2016, 10,000 units vested on January 1, 2017, and 10,000 units will vest on January 1, 2018. Once vested, the units subject to this award are exchangeable for the Company's Class A Common Shares on a one-for-one basis upon notice to the Company by the Reporting Person.
- F5This award of Phantom Share Units was granted on March 15, 2016, and vests in three installments after the date of grant. 10,000 units vested on January 1, 2017, 10,000 units will vest on January 1, 2018, and 10,000 units will vest on January 1, 2019. Once vested, the units subject to this award are exchangeable for the Company's Class A Common Shares on a one-for-one basis upon notice to the Company by the Reporting Person.
- F6This award of Phantom Share Units was granted on March 8, 2017, and vests in three installments after the date of grant. 10,000 units will vest each of January 1, 2018, January 1, 2019, and January 1, 2020. Once vested, the units subject to this award are exchangeable for the Company's Class A Common Shares on a one-for-one basis upon notice to the Company by the Reporting Person.
- F7The shares subject to the Stock Appreciation Right vest and become exercisable when and if the Fair Market Value of the Company's Class A Common Shares equals or exceeds the shown price for any 20 consecutive trading days on or before the Expiration Date.
Remarks
curtispoa.txt