SEC Form 4 · accession 0000950103-15-000722
MSCI Inc. · MSCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
CD Baer Pettit
Officer — Head of Index
Period of report
Jan 27, 2015
Accepted (ET)
Jan 29, 2015 · 9:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408198
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 27, 2015 | A | 9,692 | $0.00 | A | 163,917 | D | |
| Common StockF2,F3 | Jan 27, 2015 | A | 32,994 | $0.00 | A | 196,911 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock units (RSUs) vesting and converting to shares at a rate of 16.7%, 66.7% and 16.6% on the first, second and third anniversaries of the grant date, respectively. Each RSU represents a contingent right to receive one share of MSCI common stock.
- F2Performance stock units (PSUs) representing the minimum payout related to the grant of 36,663 PSUs subject to time- and performance-vesting. The PSUs vest in three equal tranches within a range of 90% to 110% on the last day of each of the performance periods based on the achievement of certain cumulative performance metrics for the three-year period comprised of fiscal years 2015, 2016 and 2017 (first tranche), the four-year period comprised of fiscal years 2015, 2016, 2017 and 2018 (second tranche) and the five-year period comprised of fiscal years 2015, 2016, 2017, 2018 and 2019 (third tranche). The first tranche of PSUs generally converts to shares no earlier than January 1 and no later than March 15, 2018, the second tranche of PSUs generally converts to shares no earlier than January 1 and no later than March 15, 2019 and the third tranche of PSUs generally converts to shares no earlier than January 1 and no later than March 15, 2020.
- F3Each PSU represents a contingent right to receive one share of MSCI common stock.