SEC Form 4 · accession 0001209191-16-104759
Fortune Brands Innovations, Inc. · FBIN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nicholas I. Fink
Officer — SVP-Global Growth/Development
Period of report
Feb 29, 2016
Accepted (ET)
Mar 2, 2016 · 5:52 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 29, 2016 | A | 6,900 | $50.22 | A | 38,000 | 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)F4 | $50.22 | Feb 29, 2016 | A | 27,600 | A | — | Feb 28, 2026 | Common Stock | 27,600 | 27,600 | 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 38,000 restricted stock units that have not yet vested.
- F3Reflects the grant of options under the issuer's Long-Term Incentive Plan.
- F4The options vest in three equal annual installments beginning on February 28, 2017.