SEC Form 4 · accession 0001104659-16-125317
Sizmek Inc. · SZMK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John David Palmer
Officer — Chief Accounting Officer
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 1:18 pm EDT
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 | — | Jun 1, 2016 | A | 23,220 | A | — | — | Common Stock | 23,220 | 36,236 | 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 two equal annual installments beginning February 26, 2017 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.