SEC Form 4 · accession 0001600781-16-000154
National CineMedia, Inc. · NCMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Oddo
Officer — SVP & Interim Co-CFO (PFO)
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 6:21 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 | 1,577 | $0.00 | D | 66,480 | D | |
| Common StockF2 | Feb 25, 2016 | D | 2,059 | $0.00 | D | 64,421 | D | |
| Common StockF3 | Feb 25, 2016 | D | 2,059 | $0.00 | D | 62,362 | D | |
| Common StockF4 | Feb 25, 2016 | F | 1,496 | $15.50 | D | 60,866 | 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 2,871 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.
- F2On May 1, 2013, the reporting person received a grant of 3,750 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.
- F3On August 14, 2013, the reporting person received a grant of 3,750 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.
- F4Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.