SEC Form 4 · accession 0001209191-18-029703
Performance Food Group Co · PFGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine R Vlahcevic
Officer — See Remarks
Period of report
May 11, 2018
Accepted (ET)
May 11, 2018 · 7:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001618673
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 11, 2018 | M | 11,637 | $16.76 | A | 23,655 | D | |
| Common StockF1 | May 11, 2018 | S | 11,637 | $34.5557 | D | 12,018 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options (Right to Buy)F2 | $16.76 | May 11, 2018 | M | 11,637 | D | — | Mar 12, 2025 | Common Stock | 11,637 | 7,761 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price of all shares sold. The shares were sold in multiple transactions at prices ranging in price from $34.50 to $34.65. The reporting person undertakes to provide to Performance Food Group Company, any security holder of Performance Food Group 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 this footnote.
- F2The option vests and becomes exercisable in five equal annual installments that began on March 12, 2016, subject to achievement of certain vesting events more fully described in the Issuer's Registration Statement on Form S-1 (File No. 333-198654) for the Tranche II and Tranche III options. On December 7, 2017, the Company determined that the performance criteria for the Tranche II and III awards had been met.
Remarks
Title: Vice President and Chief Accounting Officer