SEC Form 4 · accession 0001600781-16-000152
National CineMedia, Inc. · NCMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph E Hardy
Officer — EVP, Gen. Counsel & Secretary
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 6:19 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, 2016 | D | 13,789 | $0.00 | D | 145,450 | D | |
| Common StockF2 | Feb 25, 2016 | F | 3,623 | $15.50 | D | 141,827 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 15, 2013, the reporting person received a grant of 25,115 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, 2016, the Issuer determined that the performance conditions were 45.1% satisfied and, as a result, a portion of the original grant was forfeited.
- F2Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.