SEC Form 4 · accession 0001225208-16-026789
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
Feb 12, 2016
Accepted (ET)
Feb 17, 2016 · 4:29 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 12, 2016 | M | 2,743 | $0.00 | A | 5,316 | D | |
| Common Stock, par value $.01 per share | Feb 12, 2016 | F | 1,012 | $184.99 | D | 4,304 | D | |
| Common Stock, par value $.01 per shareF1 | Feb 16, 2016 | M | 2,520 | $0.00 | A | 6,824 | D | |
| Common Stock, par value $.01 per share | Feb 16, 2016 | F | 940 | $186.09 | D | 5,884 | 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 UnitsF4,F1,F3 | — | Feb 12, 2016 | M | 2,743 | D | — | — | Common Stock, par value $.01 per share | 2,743 | 44,335 | D |
| Restricted Stock UnitsF4,F1,F5 | — | Feb 16, 2016 | M | 2,520 | D | — | — | Common Stock, par value $.01 per share | 2,520 | 41,815 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- F2Payment of tax liability by withholding shares of Common Stock incident to the vesting of restricted stock units in accordance with Rule 16b-3.
- F3This award of restricted stock units vests in two equal installments on the third and fourth anniversaries of the date of grant, February 13, 2013. Shares of Common Stock are issued to the Reporting Person upon vesting of the restricted stock units.
- F4These restricted stock units may have different vesting and distribution dates.
- F5This award of restricted stock units vested in two equal installments on the third and fourth anniversaries of the date of grant, February 16, 2012. Shares of Common Stock are issued to the Reporting Person upon vesting of the restricted stock units.