SEC Form 4 · accession 0001209191-15-018666
Fortune Brands Innovations, Inc. · FBIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
E Lee Wyatt
Officer — SVP and CFO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 5:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001519751
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01F2 | Feb 23, 2015 | A | 12,900 | $0.00 | A | 193,903 | D | |
| Common Stock, Par Value $0.01F4 | Feb 23, 2015 | F | 3,915 | $47.87 | D | 189,988 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F6 | $44.87 | Feb 23, 2015 | A | 53,100 | A | — | Feb 23, 2025 | Common Stock | 53,100 | 53,100 | D |
Explanation of responses
- F1Reflects the grant of restricted stock units awarded to the reporting person that vest in three equal annual installments, subject to continued employment through such vesting dates. Each restricted stock until represents a contingent right to receive one share of the issuer's common stock.
- F2Includes a total of 72,031 restricted stock units that have not yet vested.
- F3Reflects the withholding by the issuer of shares having a fair market value equal to the withholding taxes payable by the undersigned at the time the RSU award vested and became payable, such transaction being exempt under Rule 16b-3(e).
- F4Includes a total of 63,465 restricted stock units that have not yet vested.
- F5Reflects the grant of options under the issuer's Long-Term Incentive Plans.
- F6The options vest in three equal annual installments beginning on February 28, 2016.