SEC Form 4 · accession 0001611702-19-000009
BrightSphere Investment Group plc · BSIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Suren Rana
Officer — Chief Financial Officer
Period of report
Jan 20, 2019
Accepted (ET)
Jan 23, 2019 · 5:17 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 | $12.00 | Jan 20, 2019 | A | 2,070,000 | A | — | Jan 20, 2024 | Ordinary shares | 2,070,000 | 2,070,000 | D |
Explanation of responses
- F1On January 20, 2019, the reporting person was granted an option to purchase 2,070,000 ordinary shares of BrightSphere Investment Group plc. The option vests in five equal annual installments of 414,000 ordinary shares over a four-year period with the first tranche vesting immediately, and the following tranches vesting on each of January 20, 2020, January 20, 2021, January 20, 2022 and January 20, 2023, subject to the reporting person's continued employment with the Company. Upon a change of control of 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.