SEC Form 4 · accession 0001415889-17-001202
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
Jul 12, 2017
Accepted (ET)
Jul 14, 2017 · 4:35 pm EDT
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 | Jul 12, 2017 | M | 8,144 | $0.00 | A | 96,234 | D | |
| Ordinary SharesF2 | Jul 14, 2017 | S | 8,144 | $28.13 | D | 88,090 | 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 (T) 130712F3,F4,F5 | $0.00 | Jul 12, 2017 | F | 7,506 | D | Jul 12, 2017 | — | Ordinary Shares | 15,650 | 8,144 | D |
| Restricted Shares (T) 130712F3,F1,F5 | $0.00 | Jul 12, 2017 | M | 8,144 | D | Jul 12, 2017 | — | Ordinary Shares | 8,144 | 0 | D |
| Restricted Shares (P) 150330F6,F5 | $0.00 | holding | — | — | — | Jan 31, 2018 | — | Ordinary Shares | 48,140 | 48,140 | D |
| Restricted Shares (T) 150330F3,F5 | $0.00 | holding | — | — | — | Mar 30, 2019 | — | Ordinary Shares | 12,034 | 12,034 | D |
| Restricted Shares (T) 140327F3,F5 | $0.00 | holding | — | — | — | Mar 27, 2018 | — | Ordinary Shares | 6,345 | 6,345 | D |
| Restricted Shares (P) 160707F6,F5 | $0.00 | holding | — | — | — | Jan 31, 2019 | — | Ordinary Shares | 76,920 | 76,920 | D |
| Restricted Shares (T) 160707F3,F5 | $0.00 | holding | — | — | — | Jul 7, 2020 | — | Ordinary Shares | 28,845 | 28,845 | D |
| Restricted Shares (T) 170329F3,F5 | $0.00 | holding | — | — | — | Mar 29, 2021 | — | Ordinary Shares | 30,900 | 30,900 | D |
| Restricted Shares (P) 170329F6,F5 | $0.00 | holding | — | — | — | Jan 31, 2020 | — | Ordinary Shares | 61,800 | 61,800 | D |
Explanation of responses
- F1Represents the vested portion of a restricted stock unit grant converting to ordinary shares.
- F2Shares sold subject to an existing Rule 10b5-1 Sales Plan.
- F3Represents 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.
- F4Represents shares cash cancelled to cover payroll tax liability on vesting of previously granted restricted stock units.
- F5This restricted stock unit grant does not have a date of expiration, but will fully vest pursuant to the predetermined vesting schedule.
- F6Represents 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.