SEC Form 4/A · accession 0001104659-15-030262
Sizmek Inc. · SZMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Kenneth J Saunders
Officer — Chief Financial Officer
Period of report
Mar 31, 2015
Accepted (ET)
Apr 24, 2015 · 7:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001591877
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 31, 2015 | M | 5,269 | — | A | 8,154 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F2,F3 | — | Mar 31, 2015 | M | 5,269 | D | — | — | Common Stock | 5,269 | 106,700 | D |
Explanation of responses
- F1Shares issued upon vesting of Restricted Stock Units (RSUs) granted to the Reporting Person on October 7, 2014.
- F2RSUs were granted to the Reporting Person pursuant to the issuer's 2014 Incentive Award Plan. Each RSU represents a contingent right to receive one share of the issuer's common stock.
- F3This is the first of three (3) vesting installments of RSUs granted to the Reporting Person on October 7, 2014. The remaining 5,269 RSUs from such grant shall vest in two equal annual installments beginning September 30, 2015, subject to the Reporting Person's continued service with Sizmek through the applicable vesting date, provided that the restricted stock units are subject to accelerated vesting under certain circumstances.
- F4This amendment is being filed to correct the accumulated number of Restricted Stock Units beneficially owned, which was originally reported as 96,162 rather than the correct amount of 106,700.