SEC Form 4 · accession 0001209191-16-111962
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, 2016
Accepted (ET)
Apr 4, 2016 · 12:02 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 | Feb 18, 2016 | F | 168 | $23.96 | D | 54,654 | D | |
| Class A common stockF1,F2 | Feb 18, 2016 | F | 13 | $23.96 | D | 55,618 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares transferred to the Company for tax withholding in connection with the grant of restricted stock units of the Company's Class A common stock, which grant was originally reported on a Form 4 filed with the U.S. Securities and Exchange Commission on February 20, 2015.
- F2On January 22, 2016, the Company declared a dividend, payable to all holders of record of Class A common stock on February 8, 2016, 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 stock units (RSUs) of Class A common stock, any RSUs of Class A common stock that were unvested (or vested but not settled) 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 settled) RSU 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 19, 2016, the reporting person received 977 additional RSUs of Class A common stock, subject to vesting and distribution requirements of the underlying RSUs held by the reporting person.