SEC Form 4 · accession 0001437749-15-012061
Higher One Holdings, Inc. · ONE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael E. Collins
Director
Period of report
Jun 5, 2015
Accepted (ET)
Jun 9, 2015 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001486800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 5, 2015 | A | 51,635 | $0.00 | A | 51,635 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock (Right to Buy)F2 | $2.91 | Jun 5, 2015 | A | 38,780 | A | — | Jun 5, 2025 | Common Stock | 38,780 | 38,780 | D |
Explanation of responses
- F1Reflects a grant of restricted stock units by the issuer. Each restricted stock unit represents the right to receive one common share at the time of termination from the Board other than for cause. The restricted stock units vest over a three year period, with one third (1/3) vesting on the first anniversary of the grant date, and the remainder vesting in equal monthly installments for a period of twenty-four (24) months thereafter.
- F2The options vest and become exercisable over a three year period, with one third (1/3) vesting on the first anniversary of the grant date, and the remainder vesting in equal monthly installments for a period of twenty-four (24) months thereafter.