SEC Form 4 · accession 0001580185-16-000131
J.G. Wentworth Co · JGWE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger O Gasper
Officer — EVP & Chief Financial Officer
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 5:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001580185
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock, par value $0.00001 per share | Aug 8, 2016 | A | 10,000 | $0.00 | A | 21,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy Class A Common Stock)F2 | $0.38 | Aug 8, 2016 | A | 20,000 | A | — | Aug 8, 2026 | Class A Common Stock | 20,000 | 48,151 | D |
Explanation of responses
- F1(1) Grant of restricted stock units pursuant to the 2013 Omnibus Plan, which cliff-vest based upon earnings of The J.G. Wentworth Company over a 3 year period: 2017, 2018, 2019.
- F2(2) The options vest in equal installments on each of the first five anniversaries of the date of grant.