SEC Form 4 · accession 0001225208-15-001175
SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert D Marcus
Officer — Chairman & CEO · Director
Period of report
Jan 8, 2015
Accepted (ET)
Jan 9, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001377013
Table I — non-derivative securities
No Table I lines on this filing.
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,F1,F2 | — | Jan 8, 2015 | A | 42,548 | A | — | — | Common Stock, par value $.01 per share | 42,548 | 267,632 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2On February 12, 2014, the Reporting Person was granted restricted stock units, subject to the Company's satisfaction of certain predetermined performance criteria. On January 8, 2015, the Compensation Committee of the Board of Directors of the Company certified that the performance criteria had been satisfied. This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 12, 2014. Shares of Common Stock are issued to the Reporting Person upon vesting of the restricted stock units.
- F3These restricted stock units may have different vesting and distribution dates.