SEC Form 4 · accession 0000899243-16-016218
XURA, INC. · MESG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William James Saunders
Officer — EVP, Digital Communications
Period of report
Mar 15, 2016
Accepted (ET)
Mar 17, 2016 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001549872
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Mar 15, 2016 | A | 15,909 | — | A | 18,931 | D | |
| Common StockF2,F5 | Mar 15, 2016 | A | 17,940 | — | A | 36,871 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On March 15, 2016, the Compensation Committee of the Board of Directors of Xura, Inc. ("Xura") determined that the performance condition for a performance-based restricted stock unit award ("Performance RSU") previously granted to the reporting person was partially attained. Of the earned portion of the Performance RSU, 7,955 shares and 7,954 shares will vest and be delivered on September 22, 2016 and September 22, 2017, respectively.
- F2Not applicable.
- F3Consists of 18,931 shares of Xura common stock deliverable in settlement of unvested restricted stock unit awards.
- F4Represents shares of Xura common stock deliverable in settlement of an award of restricted stock units with 5,980 of such shares to vest and be delivered on each of March 15, 2017, 2018, and 2019.
- F5Consists of 36,871 shares of Xura common stock deliverable in settlement of unvested restricted stock unit awards.