SEC Form 4 · accession 0001209191-16-126521
HFF, Inc. · HF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew D Lawton
Officer — Executive Managing Director
Period of report
Jun 6, 2016
Accepted (ET)
Jun 8, 2016 · 4:07 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,F2,F3 | Jun 6, 2016 | S | 15,000 | $33.05 | D | 285,656 | D | |
| Class A common stockF2,F4 | Jun 7, 2016 | S | 10,000 | $32.82 | D | 275,656 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This is the weighted average price at which the securities were sold. The range of prices for these sales was $32.86 - $33.17.
- F2Full information regarding the number of shares sold at each separate price is available upon request by the SEC staff, the issuer or any security holder of the issuer.
- F3On 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 2,807 additional RSUs of Class A common stock, subject to the vesting and distribution requirements of the underlying RSUs held by the reporting person.
- F4This is the weighted average price at which the securities were sold. The range of prices for these sales was $32.79 - $32.85.