SEC Form 4 · accession 0001377630-19-000044
National CineMedia, Inc. · NCMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Clifford E Marks
Officer — President
Period of report
Feb 25, 2019
Accepted (ET)
Feb 26, 2019 · 12:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001377630
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2019 | F | 13,637 | $7.85 | D | 643,705 | D | |
| Common StockF2 | Feb 25, 2019 | D | 66,880 | $0.00 | D | 576,825 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
- F2On January 20, 2016, the reporting person received a grant of 92,503 shares of restricted stock that would vest based upon achievement of specified performance targets at the end of a three-year measurement period. On February 25, 2019, the Issuer determined that the performance conditions were 27.7% satisfied and, as a result, a portion of the original grant was forfeited.