SEC Form 4 · accession 0001171000-16-000145
ERICKSON INC. · EAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Glen Roberts
Officer — Chief Executive Officer · Director
Period of report
Apr 22, 2016
Accepted (ET)
Apr 26, 2016 · 8:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490165
Table I — non-derivative securities
No Table I lines on this filing.
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)F1,F2 | — | Apr 22, 2016 | A | 100,000 | A | — | Apr 22, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The reporting person received an incentive stock option granted under the Company's 2012 Long-Term Incentive Plan. One-third (1/3) of such stock option shall have an exercise price of $1.54, One-third (1/3) of such stock option shall have an exercise price of $4.04, and One-third (1/3) of such stock option shall have an exercise price of $6.54.
- F2These stock options shall vest as to 20% on each of April 22, 2017, April 22, 2018, April 22, 2019, April 22, 2020, and April 22, 2021, subject to the reporting person's continuous service to the issuer through each such date.