SEC Form 4 · accession 0001637655-15-000049
Horizon Global Corp · HZN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G. Rice
Officer — Chief Financial Officer
Period of report
Aug 15, 2015
Accepted (ET)
Aug 18, 2015 · 9:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001637655
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 15, 2015 | A | 16,090 | $0.00 | A | 39,377 | D | |
| Common StockF2 | Aug 15, 2015 | A | 996 | $0.00 | A | 40,373 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option Right to PurchaseF3 | $11.02 | Aug 15, 2015 | A | 7,354 | A | — | Aug 15, 2025 | Common Stock | 7,354 | 7,354 | D |
Explanation of responses
- F1Includes 16,487 shares of common stock of the Issuer acquired in a pro rata distribution of Issuer common stock from TriMas Corporation ("TriMas") in connection with the spinoff of the Issuer from TriMas on June 30, 2015. Such amount of shares is estimated as of June 30, 2015 based on preliminary information regarding the spin-off. Final amounts, if different, will be reported in a subsequent filing.
- F2Includes 17,483 shares of common stock of the Issuer acquired in a pro rata distribution of Issuer common stock from TriMas in connection with the spinoff of the Issuer from TriMas on June 30, 2015. Such amount of shares is estimated as of June 30, 2015 based on preliminary information regarding the spin-off. Final amounts, if different, will be reported in a subsequent filing.
- F3This option generally vests in three substantially equal installments on March 1, 2016, March 1, 2017 and March 1, 2018.