SEC Form 4 · accession 0001104659-15-016831
Sizmek Inc. · SZMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elizabeth Ritzcovan
Officer — Global Chief Revenue Officer
Period of report
Mar 2, 2015
Accepted (ET)
Mar 4, 2015 · 9:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591877
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,F2 | — | Mar 2, 2015 | A | 23,684 | A | — | — | Common Stock | 23,684 | 42,497 | D |
Explanation of responses
- F1Each restricted stock unit (RSU) represents a contingent right to receive one share of the issuer's common stock.
- F2The RSUs vest in three equal annual installments beginning March 2, 2016, based on the achievement of certain corporate performance objectives during the two year period ending December 31, 2016, subject to the Reporting Person's continued service through the applicable vesting date, provided that the restricted stock units are subject to accelerated vesting under certain circumstances.