SEC Form 4 · accession 0001572426-15-000042
ERICKSON INC. · EAC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kerry Jarandson
Officer — Vice President
Period of report
Apr 20, 2015
Accepted (ET)
Apr 22, 2015 · 5:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001490165
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 20, 2015 | M | 2,594 | $0.00 | A | 9,290 | D | |
| Common Stock | Apr 20, 2015 | F | 1,081 | $4.68 | D | 8,209 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Apr 20, 2015 | M | 2,594 | D | — | Apr 20, 2015 | Common Stock | 2,594 | 0 | D |
Explanation of responses
- F1Each restricted stock unit is payable (i) in one share of the issuer's common stock, (ii) in the cash equivalent of one share of the issuer's common stock, or (iii) in a combination of items (i) and (ii), upon or following the vesting of the award pursuant to the terms of the award agreement. The RSUs vested on April 20, 2015 and were subject to the reporting person's continued employment with the issuer through such date.