SEC Form 4 · accession 0001209191-18-014504
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 26, 2018
Accepted (ET)
Feb 28, 2018 · 4:24 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 26, 2018 | A | 7,347 | $0.00 | A | 105,042 | 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 | $63.51 | Feb 26, 2018 | A | 32,980 | A | — | Feb 28, 2028 | Common Stock | 32,980 | 32,980 | 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 48,019 restricted stock units that have not yet vested.
- F3Reflects a grant of stock under the Fortune Brands Home & Security, Inc. 2013 Long-Term Incentive Plan.
- F4The options vest in three equal annual installments beginning on February 28, 2019.