SEC Form 4 · accession 0001104659-16-101491
Sizmek Inc. · SZMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Harris
Director
Period of report
Feb 29, 2016
Accepted (ET)
Mar 1, 2016 · 5:33 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 | — | Feb 29, 2016 | A | 51,084 | A | — | — | Common Stock | 51,084 | 88,927 | D |
Explanation of responses
- F1Restricted Stock Units (RSUs) 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.
- F2The RSUs will vest on March 1, 2017, subject to the Reporting Person's continued service with Sizmek through such vesting date, provided that the RSUs are subject to accelerated vesting under certain circumstances. Distribution of the underlying shares may, however, be deferred based upon a deferral election by the Reporting Person.