SEC Form 4 · accession 0001209191-15-027146
HFF, Inc. · HF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George L Miles Jr.
Director
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 5:17 pm EDT
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 | Mar 13, 2015 | M | 4,167 | $18.00 | A | 48,438 | D | |
| Class A common stock | Mar 13, 2015 | M | 4,867 | $6.93 | A | 53,305 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option | $18.00 | Jan 30, 2007 | M | 4,167 | D | Jan 30, 2010 | Jan 30, 2017 | Shares of Class A Common Stock, par value $.01 per share | 4,167 | 0 | D |
| Stock Option | $6.93 | May 29, 2008 | M | 4,867 | D | May 29, 2011 | May 29, 2018 | Shares of Class A Common Stock, par value $.01 per share | 4,867 | 0 | D |
Explanation of responses
- F1On 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 1,914 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.