SEC Form 4 · accession 0001635881-18-000032
Exterran Corp · EXTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Girish Saligram
Officer — SVP, GLOBAL SERVICES
Period of report
Mar 4, 2018
Accepted (ET)
Mar 6, 2018 · 11:28 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001635881
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 4, 2018 | F | 2,675 | $26.24 | D | 64,704 | D | |
| Common Stock | Mar 4, 2018 | A | 19,437 | $0.00 | A | 84,141 | D | |
| Common Stock | Mar 4, 2018 | A | 16,197 | $0.00 | A | 100,338 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Issuer withheld the maximum allowable shares to satisfy the tax withholding oblgations associated with the vesting of restricted shares.
- F2The award represents a grant of restricted stock under the 2015 Exterran Corporation Stock Incentive Plan that vests over a three-year period of employment at the rate of one-third per year beginning on the first anniversary of the date of grant, subject to accelerated vesting or forfeiture under certain condition as set out in a Change of Control Agreement, Severance Benefit Agreement and Award Notice entered into by the issuer and the reporting person.