SEC Form 4 · accession 0001600781-18-000060
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
Mar 12, 2018
Accepted (ET)
Mar 14, 2018 · 9:47 pm EDT
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 | Mar 12, 2018 | F | 34,164 | $7.71 | D | 562,919 | D | |
| Common StockF2 | Mar 12, 2018 | D | 4,143 | $0.00 | D | 558,776 | D | |
| Common StockF3 | Mar 12, 2018 | D | 556 | $0.00 | D | 558,220 | 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 21, 2015, the reporting person received a grant of 78,168 shares of restricted stock that would vest based upon achievement of specified performance targets at the end of a three-year measurement period. On March 12, 2018, the Issuer determined that the performance conditions were 94.7% satisfied and, as a result, a portion of the original grant was forfeited.
- F3On April 10, 2015, the reporting person received a grant of 9,422 shares of restricted stock that would vest based upon achievement of specified performance targets at the end of a three-year measurement period. On March 12, 2018, the Issuer determined that the performance conditions were 94.1% satisfied and, as a result, a portion of the original grant was forfeited.