SEC Form 4 · accession 0000950142-17-001999
Houghton Mifflin Harcourt Co · HMHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew M. Fields
Officer — See remarks
Period of report
Nov 7, 2017
Accepted (ET)
Nov 9, 2017 · 6:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580156
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Nov 7, 2017 | A | 13,021 | A | — | — | Common Stock | 13,021 | 13,021 | D |
| Employee Stock Options (Right to Buy)F2 | $9.60 | Nov 7, 2017 | A | 194,295 | A | — | Nov 7, 2024 | Common Stock | 194,295 | 194,295 | D |
Explanation of responses
- F1This grant of restricted stock units has a vesting schedule of three equal installments (one on each of the first three anniversaries of November 7, 2017), subject to continued employment with Houghton Mifflin Harcourt Company (the "Company"). Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2This grant of employee stock options will vest in four equal installments (one on each of the first four anniversaries of November 7, 2017), subject to continued employment with the Company.
Remarks
Executive Vice President, General Manager - Supplemental Curriculum. William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company.