SEC Form 4 · accession 0001140361-16-075042
At Home Group Inc. · HOME
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lewis L Bird III
Officer — CEO and President · Director
Period of report
Aug 3, 2016
Accepted (ET)
Aug 5, 2016 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001646228
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F1 | $15.00 | Aug 3, 2016 | A | 991,480 | A | — | Aug 3, 2023 | Common Stock | 991,480 | 991,480 | D |
Explanation of responses
- F1This option will vest based upon achievement of a closing price per share of the issuer's common stock for a period of at least 20 consecutive trading days, disregarding the six-month period immediately following the date of grant, as follows: (i) 25% upon at least $25.75 per share, (ii) 50% upon at least $28.60 per share, (iii) 75% upon at least $31.48 per share and (iv) 100% upon at least $34.33 per share, subject to the reporting person's continued employment with the issuer through the applicable vesting date; provided that if the reporting person's employment is terminated without "Cause" or for "Good Reason" as defined in his employment agreement with the issuer dated November 12, 2012, this option will remain issued and outstanding and eligible to vest for six months following such termination of employment.