SEC Form 4 · accession 0001246360-17-001962
HD Supply Holdings, Inc. · HDS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Betsy S Atkins
Director
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 4:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001573097
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 17, 2017 | M | 3,612 | $39.51 | A | 7,480 | 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 UnitsF1,F2 | — | May 17, 2017 | A | 4,808 | A | — | — | Common Stock | 4,808 | 4,808 | D |
| Restricted Stock UnitsF3 | $39.51 | May 17, 2017 | M | 3,612 | D | — | — | Common Stock | 3,612 | 0 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Company common stock.
- F2Grant of restricted stock units under the HD Supply Holdings, Inc. Omnibus Incentive Plan. The restricted stock units vest on the earliest of (1) the one-year anniversary of the grant date, (2) the next annual stockholders meetings, or (3) a change in control, and will be settled upon vesting unless the reporting person elects to defer settlement to a later date. A pro rata portion of the award vests upon termination of board service due to death, disability or age 75 retirement.
- F3Represents the settlement of restricted stock units in shares of Company common stock on their scheduled vesting date.