SEC Form 4 · accession 0001209191-15-016586
HFF, Inc. · HF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard T. Sansosti
Officer — Executive Managing Director
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 3:26 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,F2 | Feb 18, 2015 | A | 920 | $37.36 | A | 93,828 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents grant of restricted shares of Class A common stock of the Company under the Company's Office Profit Participation Bonus Plan, twenty-five percent of which vested immediately upon grant and seventy-five percent of which will vest on February 18, 2016.
- F2On 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 1,088 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.