SEC Form 4 · accession 0001225208-15-013420
SPECTRUM MANAGEMENT HOLDING COMPANY, LLC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter C Stern
Officer — EVP-Ch Prod, Ppl & Strat Off
Period of report
Jun 2, 2015
Accepted (ET)
Jun 4, 2015 · 4:59 pm EDT
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 | — | Jun 2, 2015 | A | 7,941 | A | — | — | Common Stock, par value $.01 per share | 7,941 | 47,078 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2This award of restricted stock units represents an accelerated award in lieu of the award anticipated in 2017. The award of restricted stock units vests in two equal installments: 50% on February 13, 2020 and 50% on February 13, 2021. 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.