SEC Form 4 · accession 0001209191-16-093314
Zayo Group Holdings, Inc. · ZAYO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth desGarennes
Officer — Chief Financial Officer
Period of report
Jan 20, 2016
Accepted (ET)
Jan 22, 2016 · 8:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001608249
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Jan 22, 2016 | S | 16,667 | $24.5857 | D | 2,283,901 | D | |
| Common StockF3 | Jan 22, 2015 | S | 4,167 | $24.5777 | D | 478,355 | I | By Tablerock Investments II, LLC |
| Common Stock | holding | — | — | — | 11,588 | I | By Tablerock Investments, LLC |
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,F5 | — | Jan 20, 2016 | A | 56,239 | A | — | — | Common Stock | 56,239 | 56,239 | D |
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2015.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.3273 to $24.92. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in in this footnote.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.3273 to $24.8865. The reporting person undertakes to provide the Company, any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in in this footnote.
- F4Each restricted stock unit represents a contingent right to receive one share of Zayo Group Holdings, Inc. (the "Company") common stock. The reported number of restricted stock units assumes target level stock price performance. Upon vesting, the number of shares of common stock received by the reporting person will be determined based on the Company's historical stock price performance.
- F5The restricted stock units vest in full on December 31, 2016.