SEC Form 4 · accession 0001104659-16-126813
MasterCraft Boat Holdings, Inc. · MCFT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Terry D. McNew
Officer — President and CEO · Director
Period of report
Jun 10, 2016
Accepted (ET)
Jun 13, 2016 · 2:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001638290
Table I — non-derivative securities
No Table I lines on this filing.
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 Buy)F1 | $15.00 | Jun 10, 2016 | D | 48,467 | D | — | Jul 16, 2025 | Common Stock | 48,467 | 0 | D |
| Employee Stock Option (Right to Buy)F1 | $10.70 | Jun 10, 2016 | A | 48,467 | A | — | Jul 16, 2025 | Common Stock | 48,467 | 48,467 | D |
Explanation of responses
- F1Pursuant to the terms of the Issuer's 2015 Incentive Award Plan, the Compensation Committee reduced the exercise price of options to purchase 48,467 shares by $4.30, the amount of the special cash dividend paid on June 10, 2016, from an exercise price of $15.00 to an exercise price of $10.70. The other terms of the options remain unchanged.