SEC Form 4 · accession 0001209191-19-003210
STORE CAPITAL Corp · STOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher H Volk
Officer — President and CEO · Director
Period of report
Jan 8, 2019
Accepted (ET)
Jan 10, 2019 · 12:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001538990
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 8, 2019 | A | 58,599 | $0.00 | A | 439,426 | D | |
| Common Stock | Jan 8, 2019 | F | 26,165 | $28.31 | D | 413,261 | D | |
| Common Stock | holding | — | — | — | 169,198 | I | Trust | |
| Common Stock | holding | — | — | — | 382 | I | Inheritance IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F1 | — | Jan 8, 2019 | A | 58,600 | A | — | — | Common Stock | 58,600 | 58,600 | D |
Explanation of responses
- F1Shares underlying a performance-based restricted stock unit award granted on February 17, 2016 that was earned on the basis of the issuer's achievement (during a performance period beginning on January 1, 2016 and ending on December 31, 2018) of certain performance vesting criteria (as stated in the agreement governing the award). Under the applicable award agreement, 50% of the earned award vested and was settled in shares of common stock upon the completion of the performance period and certification of the achievement of the performance vesting criteria by the issuer's Compensation Committee (which shares are reported in Table I), and 50% of the earned award are restricted stock units that will vest and be settled in shares of common stock upon the completion of an additional year of service following the completion of the performance period (which restricted stock units are reported in Table II).
- F2Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.