SEC Form 4 · accession 0001127602-19-008407
ARRIS International plc · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel T Whalen
Officer — PRESIDENT, NETWORK AND CLOUD
Period of report
Feb 22, 2019
Accepted (ET)
Feb 26, 2019 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001645494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary SharesF1 | Feb 22, 2019 | S | 9,560 | $31.64 | D | 15,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted SharesF2,F3 | $0.00 | holding | — | — | — | Jan 31, 2020 | — | Ordinary Shares | 37,450 | 37,450 | D |
| Restricted SharesF2,F3 | $0.00 | holding | — | — | — | Jan 31, 2021 | — | Ordinary Shares | 45,160 | 45,160 | D |
| Restricted SharesF4,F3 | $0.00 | holding | — | — | — | Mar 29, 2021 | — | Ordinary Shares | 14,044 | 14,044 | D |
| Restricted SharesF4,F3 | $0.00 | holding | — | — | — | Mar 30, 2019 | — | Ordinary Shares | 3,440 | 3,440 | D |
| Restricted SharesF4,F3 | $0.00 | holding | — | — | — | Mar 30, 2022 | — | Ordinary Shares | 22,580 | 22,580 | D |
| Restricted SharesF4,F3 | $0.00 | holding | — | — | — | Jul 7, 2020 | — | Ordinary Shares | 10,965 | 10,965 | D |
Explanation of responses
- F1The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $31.64 to $31.65, inclusive. The reporting person undertakes to provide issuer or any security holder of the issuer or the staff of the Security Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2Represents a restricted stock unit grant that is performance-based and can vest between 0 and 200% of the grant amount based on the Company's shareholder return as compared to the NASDAQ Composite shareholder return over a three-year measurement period. Amount shown reflects maximum vesting of the award at the 200% level.
- F3This restricted stock unit grant does not have a date of expiration, but will fully vest pursuant to the predetermined vesting schedule.
- F4Represents a restricted stock unit grant that vests annually in fourths beginning one year from the date of the award. Date shown reflects the date upon which the award is fully vested.