SEC Form 4 · accession 0001209191-16-138637
Pendrell Corp · PCOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy M Dozois
Officer — Corp. Counsel/Corp. Secretary
Period of report
Aug 24, 2016
Accepted (ET)
Aug 25, 2016 · 4:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001359555
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Aug 24, 2016 | M | 6,250 | $0.00 | A | 204,978 | D | |
| Class A Common Stock | Aug 24, 2016 | F | 2,272 | $0.7058 | D | 202,706 | 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 Unit AwardF2,F3,F4 | $0.00 | Aug 24, 2016 | M | 6,250 | D | Aug 24, 2016 | Aug 24, 2022 | Common Stock | 6,250 | 0 | D |
Explanation of responses
- F1Vested restricted stock units were distributed to the Reporting Person, without payment, in shares of Class A Common Stock on a unit-for-share basis on the vesting date.
- F2Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- F3Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- F4On August 24, 2012, the reporting person was granted 25,000 restricted stock units. 6,250 restricted stock units vested on August 24, 2016. The award is now fully vested.