SEC Form 4 · accession 0001209191-15-018731
Zeltiq Aesthetics Inc · ZLTQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Foley
Officer — President and CEO · Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 6:04 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 24, 2015 | F | 29,869 | $34.50 | D | 499,587 | D | |
| Common StockF2 | Feb 24, 2015 | F | 4,565 | $34.50 | D | 495,022 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares withheld by and surrendered to the Issuer on February 24, 2015, to satisfy tax withholding obligations that arose in connection with the vesting of the Restricted Stock Units (the "RSUs") granted on August 23, 2012 for 286,215 shares. The RSUs vest in five equal installments, each on the first date that the weighted average stock price of the Issuer's Common Stock during the immediately preceding 90-day period is $10 or more, $15 or more, $20 or more, $25 or more, and $30 and more, respectively.
- F2Represents the number of shares withheld by and surrendered to the Issuer on February 24, 2015, to satisfy tax withholding obligations that arose in connection with the vesting of the RSUs granted on February 24, 2014 for 35,000 shares. The RSUs vested with respect to 25% of the underlying shares on February 24, 2015 and the remaining shares shall vest annually at a rate of 25% per year, subject to the Reporting Person's continued service to the Issuer.