SEC Form 4 · accession 0001209191-17-053156
Pendrell Corp · PCOA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Steve Ednie
Officer — VP and Chief Financial Officer
Period of report
Sep 15, 2017
Accepted (ET)
Sep 18, 2017 · 4:27 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 | Sep 15, 2017 | M | 4,541 | $0.00 | A | 13,884 | 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 | Sep 15, 2017 | M | 4,541 | D | Sep 15, 2017 | Sep 15, 2024 | Common Stock | 4,541 | 4,541 | 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 September 15, 2014, the Reporting Person was granted 25,000 restricted stock units. 6,250 restricted stock units vested on each of September 15, 2015, September 15, 2016, and September 15, 2017. If the Reporting Person remains engaged, 6,250 restricted stock units will vest on September 15, 2018.