SEC Form 4 · accession 0001546184-16-000029
CIFC LLC · CIFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Oliver Wriedt
Officer — Co-President
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001649709
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares | Mar 11, 2016 | M | 50,000 | $4.83 | A | 407,861 | D | |
| Common Shares | holding | — | — | — | 82,676 | I | Held in Deutsche Bank Group International Pension Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share OptionF1 | $4.83 | Mar 11, 2016 | M | 50,000 | D | Mar 1, 2013 | Mar 1, 2022 | Common Shares | 50,000 | 555,000 | D |
Explanation of responses
- F1The Share Options are fully exercisable and became exercisable over a period of four years from the date of grant, with 1/4 vesting on the first anniversary and 1/16 vesting on each of the next twelve quarterly anniversaries, with the first quarterly installment vesting on the date that is one year and 3 months from the date of grant and is subject to adjustment, acceleration and forfeit as more fully described in the Stock Option Award Certificate dated March 21, 2012 between the Issuer and the Reporting Person.