SEC Form 4 · accession 0001600781-17-000069
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 27, 2017
Accepted (ET)
Mar 1, 2017 · 7:29 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 27, 2017 | D | 5,454 | $0.00 | D | 491,227 | D | |
| Common StockF2 | Feb 27, 2017 | F | 29,515 | $12.59 | D | 461,712 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 15, 2014, the reporting person received a grant of 62,685 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 27, 2017, the Issuer determined that the performance conditions were 91.3% 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.