SEC Form 4 · accession 0001415889-17-000167
ARRIS International plc · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Potts
Officer — EVP OF FINANCE, CFO
Period of report
Jan 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:30 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 | Jan 31, 2017 | M | 16,756 | $0.00 | A | 89,258 | D | |
| Ordinary SharesF2 | Feb 2, 2017 | S | 8,378 | $28.92 | D | 80,880 | D |
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) 140327F3,F4,F5 | $0.00 | Jan 31, 2017 | F | 8,574 | D | Jan 31, 2017 | — | Ordinary Shares | 50,760 | 42,186 | D |
| Restricted Shares (P) 140327F3,F1,F6,F5 | $0.00 | Jan 31, 2017 | M | 16,756 | D | Jan 31, 2017 | — | Ordinary Shares | 42,186 | 0 | D |
| Restricted Shares (P) 150330F3,F5 | $0.00 | holding | — | — | — | Jan 31, 2018 | — | Ordinary Shares | 48,140 | 48,140 | D |
| Restricted Shares (T) 150330F7,F5 | $0.00 | holding | — | — | — | Mar 30, 2019 | — | Ordinary Shares | 18,052 | 18,052 | D |
| Restricted Shares (T) 130329F7,F5 | $0.00 | holding | — | — | — | Mar 29, 2017 | — | Ordinary Shares | 5,678 | 5,678 | D |
| Restricted Shares (T) 140327F7,F5 | $0.00 | holding | — | — | — | Mar 27, 2018 | — | Ordinary Shares | 12,690 | 12,690 | D |
| Restricted Shares (T) 130712F7,F5 | $0.00 | holding | — | — | — | Jul 12, 2017 | — | Ordinary Shares | 15,650 | 15,650 | D |
| Restricted Shares (P) 160707F3,F5 | $0.00 | holding | — | — | — | Jan 31, 2019 | — | Ordinary Shares | 76,920 | 76,920 | D |
| Restricted Shares (T) 160707F7,F5 | $0.00 | holding | — | — | — | Jul 7, 2020 | — | Ordinary Shares | 38,460 | 38,460 | D |
Explanation of responses
- F1Represents the vested portion of equity award grant converting to common stock.
- F2Shares sold subject to an existing Rule 10b5-1 Sales Plan.
- F3Represents an equity award 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.
- F4Represents shares withheld to cover payroll tax liability on vesting of previously granted restricted shares.
- F5This restricted stock grant does not have a date of expiration, but will fully vest pursuant to the predetermined vesting schedule.
- F6The award fully vested at less than the 200% maximum previously reported in Table 2. Any remainder of the maximum possible award has not vested and is extinguished.
- F7Represents a restricted stock 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.