SEC Form 4 · accession 0000899243-17-015576
US Foods Holding Corp. · USFD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David M Tehle
Director
Period of report
Feb 15, 2017
Accepted (ET)
Jun 6, 2017 · 7:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001665918
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 3, 2017 | M | 266 | — | A | 266 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $23.50 | Feb 15, 2017 | A | 406 | A | — | Nov 11, 2026 | Common Stock | 406 | 406 | D |
| Restricted Stock UnitsF2,F3 | — | Feb 15, 2017 | A | 133 | A | — | — | Common Stock | 133 | 133 | D |
| Restricted Stock UnitsF2,F4 | — | Jun 3, 2017 | A | 3,291 | A | — | — | Common Stock | 3,291 | 3,291 | D |
| Restricted Stock UnitsF2,F3 | — | Jun 3, 2017 | M | 133 | D | — | — | Common Stock | 133 | 0 | D |
| Restricted Stock UnitsF2,F5 | — | Jun 3, 2017 | M | 133 | D | — | — | Common Stock | 133 | 399 | D |
Explanation of responses
- F1Performance-based stock options awarded November 11, 2016. The performance-based stock options can be earned and may vest and become exercisable in four equal annual installments based on satisfaction of certain performance based criteria for each of the fiscal years ending 2016, 2017, 2018 and 2019. As of February 15, 2017, the performance criteria for 2016 were met, and 406 performance-based options were earned and vested and become exercisable on June 3, 2017. The remaining 75% of performance-based stock options can be earned in the remaining performance periods and are not reported in this table.
- F2Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F3Performance-based restricted stock units awarded on November 11, 2016. The performance-based restricted stock units can be earned and may vest in four equal annual installments based on satisfaction of certain performance based criteria for each of the fiscal years ending 2016, 2017, 2018 and 2019. As of February 15, 2017, the performance criteria for 2016 were met, and 133 performance-based restricted stock units were earned and vested on June 3, 2017. The remaining 75% of performance-based restricted stock units can be earned in the remaining performance periods and are not reported in this table.
- F4Time-based restricted stock units granted on June 3, 2017. The time-based restricted stock units vest in three equal installments on each June 3, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer.
- F5Time-based restricted stock units granted on November 11, 2016. The remaining time-based restricted stock units vest in equal installments on each June 3, 2018, 2019 and 2020, contingent on the reporting person's continued service with the Issuer.