SEC Form 4 · accession 0001225208-15-004497
SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas H Castro
Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001377013
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01 per shareF1 | Feb 13, 2015 | M | 910 | $0.00 | A | 910 | 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 UnitsF3,F1,F2 | — | Feb 13, 2015 | M | 910 | D | — | — | Common Stock, par value $.01 per share | 910 | 18,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a right to receive one share of Common Stock.
- F250% of the Common Stock covered by the restricted stock units was issued to the Reporting Person on February 13, 2015 (the third anniversary of the date of grant). The remaining 50% of the Common Stock covered by the restricted stock units will be issued to the Reporting Person in connection with the Reporting Person's ceasing to serve as a director of the Issuer.
- F3These restricted stock units may have different vesting and distribution dates. Fractional restricted stock units are paid in cash upon vesting.