SEC Form 4 · accession 0001209191-17-050405
Fabrinet · FN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David T. Mitchell
Officer — CEO & Chairman · Director
Period of report
Aug 24, 2017
Accepted (ET)
Aug 28, 2017 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001408710
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Aug 24, 2017 | A | 69,885 | $0.00 | A | 111,057 | D | |
| Ordinary SharesF2,F3 | Aug 25, 2017 | S | 35,000 | $38.633 | D | 40,680 | I | By 1st Son's Trust |
| Ordinary SharesF2,F3 | Aug 25, 2017 | S | 35,000 | $38.633 | D | 40,680 | I | By 2nd Son's Trust |
| Ordinary SharesF2,F3 | Aug 25, 2017 | S | 35,000 | $38.633 | D | 48,681 | I | By 3rd Son's Trust |
| Ordinary SharesF4,F5 | holding | — | — | — | 786,834 | I | By Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each share is represented by a Restricted Share Unit ("RSU"). The RSUs will vest in three (3) equal annual installments on August 24, 2018, 2019 and 2020, subject to the Reporting Person's continued service with the Company through each such vesting date.
- F2This sale price represents the weighted average sale price of the shares sold ranging from $38.50 to $39.26 per share. Upon request by the Commission staff, the Issuer, or a security holder of the Issuer, the Reporting Person will provide full information regarding the number of shares sold at each separate price within the range set forth in this Form 4.
- F3Shares are held in trusts for the benefit of each of the Reporting Person's children. The Reporting Person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- F4746,119 of these shares were previously reported as directly beneficially owned by the Reporting Person and have subsequently been contributed to the David T. Mitchell Separate Property Trust.
- F5Shares are held by the David T. Mitchell Separate Property Trust, of which the Reporting Person is the sole trustee and current beneficiary.
Remarks
This Form 4 restores a reporting line that was inadvertently omitted from the Reporting Person's recent reports.