SEC Form 4 · accession 0001719311-18-000002
National Vision Holdings, Inc. · EYE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond J. McAllister
Officer — Chief Operating Officer
Period of report
Feb 20, 2018
Accepted (ET)
Feb 28, 2018 · 5:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001710155
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)F1 | $15.74 | Feb 20, 2018 | A | 43,478 | A | — | Aug 14, 2027 | Common Stock | 43,478 | 188,405 | D |
Explanation of responses
- F1On August 14, 2017, the reporting person was granted time-based options to purchase 144,927 shares of common stock that will vest in five annual installments beginning August 14, 2018, and performance-based options to purchase 217,390 shares of common stock that vest in five equal annual installments based on National Vision Holdings, Inc.'s satisfaction of certain performance criteria for each of the fiscal years ended 2017, 2018, 2019, 2020 and 2021. On February 20, 2018, it was determined that the performance criteria for 2017 were met, resulting in vesting of the performance-based options as to 43,478 shares. The time-based options were previously reported on a Form 3 filed on October 25, 2017. An additional 173,912 stock options which remain subject to performance-based vesting conditions are not included in the table above.