SEC Form 4 · accession 0001410471-15-000037
IPC Healthcare, Inc. · IPCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kerry E Weiner
Officer — Chief Medical Officer
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 5:44 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 | 612 | — | A | 3,187 | D | |
| Common StockF3,F1,F2 | Mar 4, 2015 | A | 3,758 | — | A | 6,945 | D | |
| Common StockF2 | Mar 4, 2015 | S | 1,726 | $42.8393 | D | 5,219 | 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 | 612 | D | — | — | Common Stock | 612 | 1,222 | D |
| Restricted Stock UnitsF1,F4 | — | Mar 4, 2015 | A | 4,147 | A | — | — | Common Stock | 4,147 | 4,147 | D |
| Performance Stock UnitsF1,F5 | — | Mar 4, 2015 | A | 6,025 | A | — | Mar 4, 2019 | Common Stock | 6,025 | 6,025 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Amount includes 1,050 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 beginning. 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.