SEC Form 4 · accession 0001617914-15-000002
J.G. Wentworth Co · JGWE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory A. Schneider
Officer — EVP & Chief InformationOfficer
Period of report
Mar 26, 2015
Accepted (ET)
Mar 27, 2015 · 4:17 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 | Mar 26, 2015 | A | 12,000 | $0.00 | A | 27,000 | 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 | $0.00 | Mar 26, 2015 | A | 24,000 | A | — | Mar 26, 2020 | Class A Common Stock | 24,000 | 54,000 | D |
Explanation of responses
- F1Grant of restricted stock units pursuant to the 2013 Omnibus Incentive Plan, which cliff-vest based upon earnings of The J.G. Wentworth Company over a 3 year period: 2015, 2016, 2017.
- F2The options vest in equal installments on each of the first five anniversaries of the date of the grant.