SEC Form 4 · accession 0001678463-18-000055
Forterra, Inc. · FRTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jacques Sarrazin
Director
Period of report
May 24, 2018
Accepted (ET)
May 29, 2018 · 8:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001678463
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 24, 2018 | M | 6,369 | $0.00 | A | 7,160 | D | |
| Common Stock | May 24, 2018 | F | 1,911 | $8.77 | D | 5,249 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3,F1,F2 | — | May 24, 2018 | M | 6,369 | D | — | — | Common Stock | 6,369 | 0 | D |
| Restricted Stock UnitF3,F1,F4 | — | May 24, 2018 | A | 11,403 | A | — | — | Common Stock | 11,403 | 11,403 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F2These restricted stock units vested on May 24, 2018, the date of the Company's 2018 Annual Meeting of Stockholders.
- F3Granted as compensation for services.
- F4These restricted stock units are scheduled to vest on the earlier of May 24, 2019 or the date of the 2019 Annual Meeting of Stockholders.