SEC Form 4 · accession 0001611702-19-000020
BrightSphere Investment Group plc · BSIG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aidan J Riordan
Officer — EVP/Head of Affiliate Mngmt
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 4:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611702
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary sharesF2,F3 | Feb 19, 2019 | S | 2,887 | $13.8167 | D | 202,586 | D | |
| Ordinary sharesF2,F4 | Feb 19, 2019 | S | 2,350 | $13.8078 | D | 200,236 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF5,F6,F7 | — | Feb 15, 2019 | A | 9,013 | A | — | — | Ordinary shares | 9,013 | 9,013 | D |
Explanation of responses
- F1The shares were sold pursuant to a sales plan adopted by the reporting person and intended to comply with Rule 10b5-1 under the Securities Exchange Act of 1934, as amended.
- F2Represents shares sold by the reporting person to cover tax withholding obligations upon the vesting of restricted shares.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.79 to $13.86, inclusive. The reporting person undertakes to provide to BrightSphere Investment Group plc, any security holder of BrightSphere Investment Group plc, 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 ranges set forth in footnote (3) to this Form 4.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.79 to $13.85, inclusive. The reporting person undertakes to provide to BrightSphere Investment Group plc, any security holder of BrightSphere Investment Group plc, 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 ranges set forth in footnote (4) to this Form 4.
- F5Each restricted share unit represents a right to receive one ordinary share of BrightSphere Investment Group plc.
- F6Consists of restricted share units issued under the BrightSphere Investment Group plc 2017 Equity Incentive Plan.
- F7The restricted share units vest in equal annual installments over a three-year period with 1/3 of the restricted share units vesting on each of February 15, 2020, February 15, 2021 and February 15, 2022.