SEC Form 4 · accession 0001410471-15-000034
IPC Healthcare, Inc. · IPCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
R Jeffrey Taylor
Officer — President & COO · Director
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 5:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410471
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 4, 2015 | M | 1,965 | — | A | 154,465 | D | |
| Common StockF3,F1,F2 | Mar 4, 2015 | A | 11,718 | $0.00 | A | 166,183 | D | |
| Common StockF2 | Mar 4, 2015 | S | 13,683 | $42.8393 | D | 152,500 | 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 UnitsF1,F4 | — | Mar 4, 2015 | M | 1,965 | D | — | — | Common Stock | 1,965 | 3,929 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 4, 2015 | A | 11,060 | A | — | — | Common Stock | 11,060 | 11,060 | D |
| Performance Stock UnitsF1,F5 | — | Mar 4, 2015 | A | 16,068 | A | — | Mar 4, 2019 | Common Stock | 16,068 | 16,068 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Amount includes 4,600 shares of Common Stock subject to unvested Restricted Stock Grant.
- F3Represents shares issued to the reporting person upon vesting of performance stock units.
- F4The restricted stock units vest in four equal annual installments. Vested shares will be delivered to the reporting person on each of the four anniversary grant dates.
- F5The performance stock units vest upon Issuer's common stock achieving $57.72 per share based on the 20 trading-day average price on third anniversary date of grant.