SEC Form 4 · accession 0001415889-16-007565
ARRIS International plc · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert J Stanzione
Officer — EXECUTIVE CHAIRMAN · Director
Period of report
Dec 8, 2016
Accepted (ET)
Dec 9, 2016 · 4:37 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 | Dec 8, 2016 | S | 30,000 | $30.1508 | D | 848,856 | D | |
| Ordinary Shares | holding | — | — | — | 60,950 | I | By 2015 Grantor Retainer Annuity Trust Account |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Shares (P) 160707F2,F3 | $0.00 | holding | — | — | — | Jan 31, 2019 | — | Ordinary Shares | 302,630 | 302,630 | D |
| Restricted Shares (T) 160707F4,F3 | $0.00 | holding | — | — | — | Jul 7, 2020 | — | Ordinary Shares | 151,315 | 151,315 | D |
| Restricted Shares (P) 150330F2,F3 | $0.00 | holding | — | — | — | Jan 31, 2018 | — | Ordinary Shares | 154,750 | 154,750 | D |
| Restricted Shares (P) 140327F2,F3 | $0.00 | holding | — | — | — | Jan 31, 2017 | — | Ordinary Shares | 163,160 | 163,160 | D |
Explanation of responses
- F1The price reported is a weighted average price. The shares were sold in multiple transactions at prices ranging from $30.15 to $30.171, 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 ranges set forth in this footnote
- F2Represents a restricted stock 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. Date represents vesting date for the award. Amount shown reflects maximum vesting of the award at the 200% level.
- F3This restricted stock grant does not have a date of expiration, but will fully vest pursuant to the predetermined vesting schedule.
- F4Represents a restricted stock grant which vests in four equal annual installments beginning one year from the grant date.