SEC Form 4 · accession 0001209191-16-099248
WHITEWAVE FOODS Co · WWAV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bernard J.P. Deryckere
Officer — President, Europe Foods & Bevs
Period of report
Feb 14, 2016
Accepted (ET)
Feb 17, 2016 · 4:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001555365
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Feb 14, 2016 | M | 6,193 | $0.00 | A | 16,040 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit | $0.00 | Feb 14, 2016 | M | 6,193 | D | Feb 14, 2016 | Feb 14, 2017 | Common Stock | 6,193 | 6,193 | D |
| Phantom Stock (Cash settled RSUs)F2 | $0.00 | Feb 15, 2016 | M | 3,997 | D | Feb 15, 2016 | Feb 15, 2016 | Common Stock | 0 | 0 | D |
| Restricted Stock UnitF3 | $0.00 | Feb 15, 2016 | A | 9,238 | A | Feb 15, 2017 | Feb 15, 2019 | Common Stock | 9,238 | 9,238 | D |
| Non Qualified Stock Option (right to buy)F4 | $36.09 | Feb 15, 2016 | A | 29,865 | A | Feb 15, 2017 | Feb 15, 2026 | Common Stock | 29,865 | 29,865 | D |
Explanation of responses
- F1The reporting person received shares of WhiteWave common stock upon the vesting of a restricted stock unit ("RSU").
- F2Each share of phantom stock is the economic equivalent of one share of WhiteWave's common stock. Upon vesting, the reporting person received cash equal to the cash value of 3,997 shares of WhiteWave's common stock based on the closing sales price on the vest date.
- F3The RSU vests on a pro rata basis over a three-year period beginning on the first anniversary of the grant date, subject to the reporting person's continued employment with WhiteWave. The RSU will settle in shares of WhiteWave's common stock on a one-for-one basis.
- F4The option vests on a pro rata basis over a three-year period beginning on the first anniversary of the grant date, subject to the reporting person's continued employment with WhiteWave.