SEC Form 4 · accession 0000950142-16-002868
OLD PSG WIND-DOWN LTD. · PSG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin M. Davis
Officer — Chief Executive Officer · Director
Period of report
Jan 25, 2016
Accepted (ET)
Jan 25, 2016 · 5:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001514242
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F2 | $13.11 | Jan 25, 2016 | G | 252,064 | D | — | Oct 19, 2025 | Common Shares | 252,064 | 252,064 | D |
| Employee Stock Option (Right to Buy)F2 | $13.11 | Jan 25, 2016 | G | 252,064 | A | — | Oct 19, 2025 | Common Shares | 252,064 | 252,064 | I |
| Restricted Stock UnitF3 | — | Jan 25, 2016 | G | 81,522 | D | — | — | Common Shares | 81,522 | 81,522 | D |
| Restricted Stock UnitF3 | — | Jan 25, 2016 | G | 81,522 | A | — | — | Common Shares | 81,522 | 81,522 | I |
Explanation of responses
- F1The reporting person transferred these options as a gift to the One Life Irrevocable Trust of 2011 on January 25, 2016.
- F2The options were granted on October 19, 2015 under the Company's Omnibus Equity Incentive Plan (the "Omnibus Plan") and vest over four years, with the first 25% vesting on the first anniversary of the date of grant and 25% vesting yearly thereafter.
- F3This grant of Restricted Stock Units (each, an "RSU") was made on October 19, 2015 pursuant to the Company's Omnibus Plan. Each RSU is the economic equivalent of one common share of the Company. The RSUs vest over four years, with the first 25% vesting on the first anniversary of the date of grant and 25% vesting yearly thereafter.
- F4The reporting person transferred these RSUs as a gift to the One Life Irrevocable Trust of 2011 on January 25, 2016.