SEC Form 4 · accession 0001209191-17-018767
Monotype Imaging Holdings Inc. · TYPE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Benjamin W.L. Semmes III
Officer — EVP, Sales and Market Strategy
Period of report
Mar 3, 2017
Accepted (ET)
Mar 7, 2017 · 4:46 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 Stock | Mar 3, 2017 | A | 49,751 | $0.00 | A | 110,822 | 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 UnitF1 | $0.00 | Mar 3, 2017 | A | 33,168 | A | — | — | Common Stock | 0 | 0 | D |
Explanation of responses
- F1Represents contingent right to receive 1 share of Common Stock per RSU. Vesting depends on Company achievement of performance-based targets for fiscal year ended Dec. 31, 2017. Percentage of shares eligible to vest (if any) are based on level of target achievement for fiscal 2017. 50% of eligible shares vest on the third day following the date of the Company's filing of Form 10-K for fiscal year 2017 (the "Vesting Date"), and 25% of eligible shares vesting on each of the first and second anniversary of such Vesting Date. If no shares are eligible to vest on the Vesting Date, all shares under this grant are forfeited.