SEC Form 4 · accession 0001209191-16-101062
Fortune Brands Innovations, Inc. · FBIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Randich
Officer — President MasterBrand Cabinets
Period of report
Feb 19, 2016
Accepted (ET)
Feb 22, 2016 · 5:47 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 $0.01F1 | Feb 19, 2016 | M | 75,000 | $12.30 | A | 218,986 | D | |
| Common Stock, Par Value $0.01F2,F1 | Feb 19, 2016 | S | 75,000 | $50.2071 | D | 143,986 | 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) | $12.30 | Feb 19, 2016 | M | 75,000 | D | Oct 4, 2013 | Oct 4, 2021 | Common Stock | 75,000 | 33,600 | D |
Explanation of responses
- F1Includes a total of 65,599 restricted stock units that have not yet vested.
- F2The price reported is the weighted average price. The shares were sold in multiple transactions at prices ranging from $50.00 to $50.36, inclusive. The reporting person undertakes to provide to the SEC, the issuer and any security holder full information regarding the number of shares and the prices at which the shares were sold.