SEC Form 4 · accession 0001396279-16-000171
hhgregg, Inc. · HGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert James Riesbeck
Officer — Interim President & CEO & CFO
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001396279
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.0001 per share | May 26, 2016 | M | 4,445 | $1.60 | A | 204,445 | D | |
| Common Stock, par value $.0001 per share | May 26, 2016 | F | 1,375 | $1.60 | D | 203,070 | 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 UnitF2,F3 | — | May 26, 2016 | M | 4,445 | D | — | — | Common Stock | 4,445 | 8,888 | D |
Explanation of responses
- F1Shares withheld by the issuer to satisfy the mandatory tax withholding requirement upon vesting of restricted stock units. This is not an open market sale of securities.
- F2Each restricted stock unit represents a contingent right to receive one share of common stock.
- F31/3 of the restricted stock units vested on 5/26/16, 1/3 of the restricted stock units vest on 5/26/17 and 1/3 of the restricted stock units vest on 5/26/18. Vested shares will be issued to the reported person on each respective vest date.