SEC Form 4 · accession 0001348324-16-000147
LDR HOLDING CORP · LDRH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andre Potgieter
Officer — VP US Sales
Period of report
Feb 15, 2016
Accepted (ET)
Feb 17, 2016 · 5:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001348324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 15, 2016 | A | 4,537 | $0.00 | A | 14,278 | D | |
| Common Stock | Feb 15, 2016 | F | 1,211 | $17.26 | D | 13,067 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance SharesF3,F4,F1 | — | Feb 15, 2016 | A | 9,075 | A | — | — | Common Stock | 9,075 | 9,075 | D |
Explanation of responses
- F1On January 1, 2015, the Reporting Person was awarded a number of Performance-Based Restricted Stock Units (PSUs) within a preset range, with the actual number contingent upon the achievement of certain performance criteria. The Compensation Committee of the Issuer's Board of Directors approved the achievement of the performance criteria on February 15, 2016 and determined the actual number of PSUs was 13,612. The PSUs vest in three installments on each of February 15, 2016 (the date of the Compensation Committee's determination), January 1, 2017, and January 1, 2018.
- F2Includes 394 shares acquired under the LDR Holding Corporation Amended and Restated 2013 Employee Stock Purchase Plan on May 31, 2015.
- F3Performance-Based Restricted Stock Units
- F4Each PSU represents a contingent right to receive one share of the Issuer's common stock upon vesting.