SEC Form 4 · accession 0001396279-16-000172
hhgregg, Inc. · HGG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence P Castellani
Director
Period of report
May 26, 2016
Accepted (ET)
May 31, 2016 · 4:49 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 | 4,350 | $1.60 | A | 7,150 | D | |
| Common Stock, par value $.0001 per share | May 28, 2016 | M | 3,492 | $1.58 | A | 10,642 | D | |
| Common Stock, par value $.0001 per shareF1 | holding | — | — | — | 260,606 | I | By Trust/Foundation |
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,F3 | — | May 26, 2016 | M | 4,350 | D | — | — | Common Stock | 4,350 | 8,700 | D |
| Restricted Stock UnitsF2 | — | May 28, 2016 | M | 3,492 | D | May 28, 2016 | May 28, 2016 | Common Stock | 3,492 | 0 | D |
Explanation of responses
- F1Mr. Castellani, as (i) trustee of the Lawrence P and Joan J Castellani 2007 Irrevocable Turst owns 119,041 shares, (ii) trust of the Lawrence P. Castellani Grantor Retained Annuity Turst, which owns 80,959 shares, (iii) as trustee of the Lawrence P. Castellani Family Foundation, which owns 30,303 shares, and (iv) member of the Castellani Associates II, LLC, which owns 30,303 shares, has power to vote and dispose of all such shares.
- 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.