SEC Form 4 · accession 0001517650-16-000106
Interactive Intelligence Group, Inc. · ININ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald E Brown
Officer — Chairman, President and CEO · Director · 10% Owner
Period of report
Jan 27, 2016
Accepted (ET)
Feb 17, 2016 · 4:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001517650
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2016 | M | 4,125 | $0.00 | A | 3,259,674 | D | |
| Common StockF1 | Feb 13, 2016 | F | 1,265 | $26.54 | D | 3,258,409 | D | |
| Common Stock | Feb 13, 2016 | M | 4,126 | $0.00 | A | 3,262,535 | D | |
| Common StockF1 | Feb 13, 2016 | F | 1,266 | $26.54 | D | 3,261,269 | D | |
| Common StockF2 | holding | — | — | — | 180 | I | by 401(k) plan | |
| Common Stock | holding | — | — | — | 500,000 | I | By Grantor Retained Annuity Trusts |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F3,F5 | — | Jan 27, 2016 | A | 16,500 | A | — | — | Common Stock | 16,500 | 16,500 | D |
| Restricted Stock UnitsF3,F6 | — | Feb 13, 2016 | M | 4,125 | D | — | — | Common Stock | 4,125 | 12,375 | D |
| Restricted Stock UnitsF3,F5 | — | Feb 13, 2016 | M | 4,126 | D | — | — | Common Stock | 4,126 | 12,374 | D |
Explanation of responses
- F1Represents shares withheld by Interactive Intelligence Group, Inc. to satisfy tax withholding obligations on the vesting of restricted stock units.
- F2The number of shares reported as indirectly held by the reporting person in the Interactive Intelligence Group, Inc. 401(k) plan is based on a plan statement dated as of February 17, 2016.
- F3Each restricted stock unit ("RSU") represents a contingent right to receive one share of Interactive Intelligence Group, Inc. common stock.
- F4On February 13, 2015, the reporting person was granted performance-based RSUs, with the number of RSUs to be determined based on the extent to which certain performance conditions were met for 2015. As determined on January 27, 2016, the reporting person earned 16,500 RSUs based on the Company's 2015 performance. These earned RSUs are subject to additional time-based vesting, as described in footnote 5 below.
- F5The earned performance-based RSUs are subject to additional time-based vesting as follows: 4,126 shares vested on 2/13/16 and the remaining 12,374 RSUs are scheduled to vest equally on 2/13/17, 2/13/18 and 2/13/19.
- F6The earned time-based RSUs vest as follows: 4,125 vested on 2/13/16 and the remaining 12,375 RSUs are scheduled to vest equally on 2/13/17, 2/13/18 and 2/13/19.