SEC Form 4 · accession 0000950142-17-000781
Houghton Mifflin Harcourt Co · HMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L Gordon Crovitz
Director
Period of report
Apr 10, 2017
Accepted (ET)
Apr 12, 2017 · 6:17 pm EDT
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 StockF1 | Apr 10, 2017 | M | 91,220 | $0.00 | A | 110,921 | D | |
| Common Stock | Apr 10, 2017 | F | 50,919 | $10.75 | D | 60,002 | 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 UnitsF2,F1 | — | Apr 10, 2017 | M | 91,220 | D | — | — | Common Stock | 91,220 | 0 | D |
Explanation of responses
- F191,220 restricted stock units held by Mr. Crovitz vested on April 10, 2017 and were settled in exchange for a like amount of shares of Houghton Mifflin Harcourt Company's (the "Company") common stock, subject to the Company's withholding of 50,919 shares of common stock to satisfy withholding obligations in connection with federal, state, local or other taxes required to be withheld or paid in connection with the settlement of the restricted stock units.
- F2Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
Remarks
William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company.