SEC Form 4 · accession 0001209191-17-024250
TIAA FSB Holdings, Inc. · EVER
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Fischer
Officer — EVP and CFO
Period of report
Mar 29, 2017
Accepted (ET)
Apr 3, 2017 · 5:46 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001502749
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share | Mar 29, 2017 | M | 4,420 | $0.00 | A | 17,084 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF2 | $0.00 | Mar 29, 2017 | M | 4,420 | D | Mar 29, 2017 | Mar 29, 2017 | Common Stock, par value $0.01 per share | 4,420 | 22,100 | D |
Explanation of responses
- F1Settlement of performance units granted on March 29, 2016. Each performance unit represents the right to receive one share of common stock.
- F2The performance units will be settled in shares of EVER common stock upon the achievement of certain performance goals. On March 29, 2018, 4420 performance units will vest and convert to shares of common stock if the second performance goal is achieved. On March 29, 2019, up to 22,100 performance units may vest and convert to shares of common stock (less the shares that previously vested in 2018) if the third performance goal is achieved.