SEC Form 4 · accession 0001410471-15-000039
IPC Healthcare, Inc. · IPCM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Fernando Sarria
Officer — SVP and Prin. Acct. Officer
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 5:46 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 | Mar 4, 2015 | M | 500 | — | A | 500 | D | |
| Common StockF2,F1 | Mar 4, 2015 | A | 375 | $0.00 | A | 875 | D | |
| Common Stock | Mar 4, 2015 | S | 391 | $42.8393 | D | 484 | 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,F3 | — | Mar 4, 2015 | M | 500 | D | — | — | Common Stock | 500 | 1,000 | D |
| Restricted Stock UnitsF1,F3 | — | Mar 4, 2015 | A | 2,300 | A | — | — | Common Stock | 2,300 | 2,300 | D |
| Performance Stock UnitsF1,F4 | — | Mar 4, 2015 | A | 557 | A | — | Mar 4, 2019 | Common Stock | 557 | 557 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2Represents shares issued to the reporting person upon vesting of performance stock units.
- F3The 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 date.
- F4The 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.