SEC Form 4 · accession 0001678463-18-000015
Forterra, Inc. · FRTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Vikrant Bhatia
Officer — Executive Vice President
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 6:07 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001678463
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F1 | $7.29 | Mar 1, 2018 | A | 109,091 | A | — | Mar 1, 2028 | Common Stock | 109,091 | 109,091 | D |
| Restricted Stock UnitF2,F3,F4 | — | Mar 1, 2018 | A | 25,240 | A | — | — | Common Stock | 25,240 | 25,240 | D |
Explanation of responses
- F1Stock Option vests in three equal installments on the first, second and third anniversaries of the grant date.
- F2Granted as compensation for services.
- F3Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F4One-third of these restricted stock units are scheduled to vest on each of March 1, 2019; March 1, 2020; and March 1, 2021.