SEC Form 4 · accession 0001144204-18-046534
CISION LTD. · CISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stuart J Yarbrough
Director
Period of report
Aug 23, 2018
Accepted (ET)
Aug 27, 2018 · 8:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001701040
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Aug 23, 2018 | A | 8,120 | A | — | — | Ordinary Shares | 8,120 | 8,120 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one ordinary share of Cision Ltd.
- F2The restricted stock units vest on August 23, 2019. Vested shares will be delivered within thirty days following the vesting of the restricted stock units, when, subject to any trading restriction, the reporting person will receive the number of ordinary shares that corresponds to the number of restricted stock units that have become vested on the applicable vesting date, less any shares withheld to satisfy federal, state, local and foreign taxes of any kind.