SEC Form 4 · accession 0000950142-16-003287
Houghton Mifflin Harcourt Co · HMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Lon Cannon
Officer — See remarks.
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 8:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580156
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 3, 2016 | F | 627 | $19.77 | D | 12,169 | D | |
| Common Stock | Mar 4, 2016 | M | 30,000 | $12.50 | A | 42,169 | D | |
| Common Stock | Mar 4, 2016 | S | 30,000 | $20.00 | D | 12,169 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F3 | $12.50 | Mar 4, 2016 | M | 30,000 | D | — | Jun 22, 2019 | Common Stock | 30,000 | 157,017 | D |
Explanation of responses
- F1Represents the issuer's withholding of shares to satisfy federal, state, local or other tax obligations associated with the vesting of certain shares of time-based vesting restricted stock granted to the reporting person on March 3, 2015.
- F2These shares were sold pursuant to a Rule 10b5-1 trading plan.
- F3These employee stock options have vested and are currently exercisable.
Remarks
Executive Vice President, Global Strategic Alliances and Office of the CEO. William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company.