SEC Form 4 · accession 0001209191-16-107406
Monotype Imaging Holdings Inc. · TYPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph D Hill
Officer — CFO
Period of report
Mar 7, 2016
Accepted (ET)
Mar 9, 2016 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001385292
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 7, 2016 | A | 24,865 | $0.00 | A | 47,748 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | $0.00 | Mar 7, 2016 | A | 16,577 | A | — | — | Common Stock | 16,577 | 16,577 | D |
Explanation of responses
- F1Shares acquired pursuant to a restricted stock grant where 25% of such shares vest on the first anniversary of the grant date with the remaining shares vesting quarterly over the following three years.
- F2Represents contingent right to receive 1 share of Common Stock per RSU. Vesting depends on Company achievement of performance-based targets for the fiscal years ended 12/31/16, 12/31/17 and 12/31/18. Vesting date is the date of filing of the Company's Form 10-K for the associated fiscal year. 1/3 of the total grant is eligible to vest upon attainment of each year's performance targets. If a fiscal year target is not attained, the shares that would have been eligible to vest are forfeited.