SEC Form 4 · accession 0001209191-15-016583
HFF, Inc. · HF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Conley
Officer — Chief Financial Officer
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 3:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001380509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Feb 18, 2015 | A | 3,750 | $37.36 | A | 43,262 | D | |
| Class A common stockF2,F3 | Feb 18, 2015 | A | 1,071 | $37.36 | A | 44,890 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents restricted shares of Class A common stock of the Company granted on February 18, 2015 under the Company's Omnibus Incentive Compensation Plan, twenty-five percent of which will vest on each of February 18, 2017, February 18, 2018, February 18, 2019, and February 18, 2020.
- F2Represents grant of restricted shares of Class A common stock of the Company under the Company's Firm Profit Participation Bonus Plan, one half of which vested immediately upon grant and one half of which will vest on February 18, 2016.
- F3On January 20, 2015, the Company declared a dividend, payable to all holders of record of Class A common stock on February 2, 2015, of $1.80 for each share of Class A common stock outstanding. Pursuant to the terms of the Company's Omnibus Incentive Compensation Plan and the outstanding grants of restricted shares of Class A common stock, any restricted shares of Class A common stock that were unvested (or vested but not issued) as of the dividend record date were entitled, in lieu of any cash dividend, to a stock dividend for each unvested (or vested but not issued) restricted share of Class A common stock equal to the per-share cash dividend amount divided by the fair market value of a share of Class A common stock on the dividend date. As a result, as of February 13, 2015, the reporting person received 557 additional restricted shares of Class A common stock, subject to the vesting and distribution requirements of the underlying restricted shares held by the reporting person.