SEC Form 4 · accession 0001209191-19-012603
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
David Randich
Officer — President MasterBrand Cabinets
Period of report
Feb 21, 2019
Accepted (ET)
Feb 22, 2019 · 4:36 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 21, 2019 | A | 18,309 | $0.00 | A | 121,351 | 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 | $47.99 | Feb 21, 2019 | A | 32,924 | A | — | Feb 21, 2029 | Common Stock | 32,924 | 32,924 | D |
Explanation of responses
- F1Reflects the grant of 7,847 restricted stock units awarded to the reporting person that vest in three equal annual installments and 10,462 restricted stock units awarded that vest on February 28, 2021, each 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 45,981 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, 2020.