SEC Form 4 · accession 0001209191-15-017224
Zeltiq Aesthetics Inc · ZLTQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick F. Williams
Officer — SVP & CFO
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 4:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001415336
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2015 | A | 20,364 | $0.00 | A | 94,717 | D | |
| Common StockF2 | Feb 21, 2015 | F | 1,879 | $34.23 | D | 92,838 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $34.65 | Feb 19, 2015 | A | 10,182 | A | — | Feb 18, 2025 | Common Stock | 10,182 | 10,182 | D |
Explanation of responses
- F1These restricted stock units vest as follows: 25% of the total number of shares subject to the restricted stock units vest on February 19, 2016, and the remainder vest annually at a rate of 25% per year, subject to the Reporting Person's continued service to the Issuer.
- F2Represents the number of shares withheld by and surrendered to the issuer on February 21, 2015, to satisfy tax withholding obligations that arose in connection with the vesting of a restricted stock units ("RSUs"). The initial RSUs for 20,000 shares vests annually at a rate of 25% per year, subject to the Reporting Person's continued service to the Issuer, of which the first installment vested on February 21, 2015.
- F325% of the total number of shares subject to the option vest on February 19, 2016, and the remainder vest in equal monthly installments over a 36-month period thereafter, subject to the Reporting Person's continued service to the Issuer.