SEC Form 4 · accession 0001415889-17-000168
ARRIS International plc · ARRS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James R Brennan
Officer — SVP, GLOBAL SUPPLY CHAIN
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 | 12,442 | $0.00 | A | 37,663 | 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) 140327F2,F3,F4 | $0.00 | Jan 31, 2017 | F | 5,652 | D | Jan 31, 2017 | — | Ordinary Shares | 36,260 | 30,608 | D |
| Restricted Shares (P) 140327F2,F1,F5,F4 | $0.00 | Jan 31, 2017 | M | 12,442 | D | Jan 31, 2017 | — | Ordinary Shares | 30,608 | 0 | D |
| Restricted Shares (T) 140327F6,F4 | $0.00 | holding | — | — | — | Mar 27, 2018 | — | Ordinary Shares | 9,064 | 9,064 | D |
| Restricted Shares (T) 150330F6,F4 | $0.00 | holding | — | — | — | Mar 30, 2019 | — | Ordinary Shares | 12,896 | 12,896 | D |
| Restricted Shares (T) 130712F6,F4 | $0.00 | holding | — | — | — | Jul 12, 2017 | — | Ordinary Shares | 4,030 | 4,030 | D |
| Restricted Shares (P) 150330F2,F4 | $0.00 | holding | — | — | — | Jan 31, 2018 | — | Ordinary Shares | 34,390 | 34,390 | D |
| Restricted Shares (T) 160707F6,F4 | $0.00 | holding | — | — | — | Jul 7, 2020 | — | Ordinary Shares | 25,220 | 25,220 | D |
| Restricted Shares (P) 160707F2,F4 | $0.00 | holding | — | — | — | Jan 31, 2019 | — | Ordinary Shares | 50,440 | 50,440 | D |
Explanation of responses
- F1Represents the vested portion of equity award grant converting to common stock.
- 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. Amount shown reflects maximum vesting of the award at the 200% level.
- F3Represents shares withheld to cover payroll tax liability on vesting of previously granted restricted shares.
- F4This restricted stock grant does not have a date of expiration, but will fully vest pursuant to the predetermined vesting schedule.
- F5The 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.
- F6Represents 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.