SEC Form 4/A · accession 0001611702-19-000004
BrightSphere Investment Group plc · BSIG
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
Guang Yang
Officer — President and CEO · Director
Period of report
Dec 30, 2018
Accepted (ET)
Jan 3, 2019 · 4:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611702
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock OptionF1,F2 | $12.00 | Dec 30, 2018 | A | 6,900,000 | A | — | Dec 30, 2023 | Ordinary shares | 6,900,000 | 6,900,000 | D |
Explanation of responses
- F1The purpose of this Amendment is to correct the vesting language previously disclosed in footnote (1) to the Form 4 filed on December 31, 2018. Please see footnote (2) to this Form 4 for the corrected language.
- F2On December 30, 2018, the reporting person was granted an option to purchase 6,900,000 ordinary shares of BrightSphere Investment Group plc. The option vests in five equal annual installments of 1,380,000 ordinary shares over a four-year period with the first tranche vesting on the grant date, and the following tranches vesting on each of December 30, 2019, December 30, 2020, December 30, 2021 and December 30, 2022, subject to the reporting person's continued employment with the Company. Upon a change of control of the BrightSphere (as defined in the award agreement), the vesting of one tranche equal to 20% of the option shall accelerate pursuant to the terms of the award agreement.