SEC Form 4 · accession 0001144204-17-051708
Peak Resorts Inc · SKIS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David W Braswell
Director
Period of report
Oct 4, 2017
Accepted (ET)
Oct 6, 2017 · 5:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001517401
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 4, 2017 | A | 8,720 | A | — | — | Common Stock | 8,720 | 8,720 | D |
Explanation of responses
- F1The restricted stock units ("RSUs") give the reporting person the right to receive (i) the number of shares of common stock underlying the RSUs or (ii) as may be elected by the compensation committee, cash equal to the closing sale price per share of common stock on the trading day immediately prior to the distribution date times the number of shares underlying the RSUs.
- F2The RSUs will vest in full one year from the date of grant provided that the reporting person is serving on the board of directors at that time. Vested RSUs will be distributed to the reporting person on the date that is six months after the day the reporting person's service on the board of directors terminates for any reason.