SEC Form 4 · accession 0001209191-17-020343
Hawaiian Telcom Holdco, Inc. · HCOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Komeiji
Officer — SVP & General Counsel
Period of report
Mar 9, 2017
Accepted (ET)
Mar 13, 2017 · 7:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001487986
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 9, 2017 | A | 6,006 | $0.00 | A | 61,792 | D | |
| Common StockF2 | Mar 9, 2017 | A | 1,365 | $23.30 | A | 63,157 | D | |
| Common StockF3 | Mar 12, 2017 | A | 1,162 | $0.00 | A | 64,319 | D | |
| Common StockF4 | Mar 12, 2017 | D | 463 | $0.00 | D | 63,856 | D | |
| Common StockF5 | Mar 13, 2017 | F | 2,577 | $23.46 | D | 61,279 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represent shares of Common Stock issuable upon settlement of the time-based portion of restricted stock units which vest in four equal annual installments with the vesting dates beginning March 12, 2018 and ending March 12, 2021.
- F2Fully vested shares were issued in lieu of a portion of cash payments made under the Company's Performance Compensation Plan and were issued under the Company's 2010 Equity Incentive Plan. Stock value was determined based on the average of the high and low trading prices on March 8, 2017.
- F3Represent shares of Common Stock issued upon settlement of the performance -based portion of restricted stock units granted on March 9, 2015 based on the Compensation Committee determination that the 2016 performance targets were met.
- F470 shares were forfeited from the 2013 grant for failure to meet 100% of 2016 performance target and 393 shares were forfeited from the 2014 grant for failure to meet 100% of 2016 performance target.
- F5Shares withheld by the Issuer in payment of the withholding tax liability. The amount of shares withheld is based on the average of the closing prices on March 10, 2017 and March 13, 2017.