SEC Form 4 · accession 0001632684-15-000002
Blue Bird Corp · BLBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phillip Tighe
Officer — Chief Financial Officer
Period of report
Dec 19, 2015
Accepted (ET)
Dec 21, 2015 · 12:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001589526
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.0001 per shareF1,F2 | Dec 19, 2015 | A | 16,650 | $0.00 | A | 71,650 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $10.27 | Dec 19, 2015 | A | 11,089 | A | — | Dec 19, 2025 | Common Stock | 11,089 | 121,089 | D |
Explanation of responses
- F1The award represents a grant of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the common stock, par value $0.0001 (the "Common Stock"), of Blue Bird Corporation (the "Company").
- F2The RSU's were granted under the 2015 Omnibus Incentive Plan. The RSU's vest 33.3% on December 19, 2016, 33.3% on December 19, 2017, and 33.4% on December 19, 2018 subject to attainment of that respective year's Management Performance bonus
- F3The stock options to purchase shares of common stock, par value $0.0001 per share (the "Common Stock"), of Blue Bird Corporation were granted under the 2015 Omnibus Incentive Plan. Stock options to purchase shares of Common Stock will vest over three years. 33.3% Will vest on December 19, 2016, 33.3% will vest on December 19, 2017, and 33.4% will vest on December 19, 2018 subject to attainment of that respective year's Management Performance bonus