SEC Form 4 · accession 0001635881-19-000024
Exterran Corp · EXTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Girish Saligram
Officer — SVP & Chief Operating Officer
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 10:35 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, 2019 | F | 6,385 | $17.01 | D | 83,975 | D | |
| Common Stock | Mar 4, 2019 | A | 32,334 | $17.01 | A | 116,309 | 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 obligations 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 conditions as set out in a Change of Control Agreement, Severance Benefit Agreement and Award Notice entered into by the issuer and the reporting person.