SEC Form 4 · accession 0001209191-17-036158
HFF, Inc. · HF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Deborah H McAneny
Director
Period of report
May 25, 2017
Accepted (ET)
May 30, 2017 · 5:07 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 | May 25, 2017 | A | 2,433 | $30.82 | A | 52,060 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are restricted stock units (RSUs) that will be distributed in three equal annual installments beginning on May 25, 2018, unless the reporting person elects to defer distribution pursuant to the Company's Deferred Compensation Plan. The RSUs were fully vested on the grant date.
- F2On January 24, 2017, the Company declared a dividend, payable to all holders of record of Class A common stock on February 9, 2016, of $1.57 for each share of Class A common stock outstanding. Pursuant to the terms of the Company's 2016 Equity Incentive 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 21, 2017, the reporting person received 2,300 additional RSUs of Class A common stock, subject to the vesting and distribution requirements of the underlying RSUs held by the reporting person.