SEC Form 4 · accession 0000020629-15-000067
CSS INDUSTRIES INC · CSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rebecca C Matthias
Director
Period of report
Aug 11, 2015
Accepted (ET)
Aug 12, 2015 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020629
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,F3 | $0.00 | Aug 11, 2015 | A | 10,000 | A | Aug 15, 2017 | Aug 15, 2017 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Reflects a grant of cash-settled restricted stock units ("RSUs") approved by the Issuer's Board of Directors on August 11, 2015.
- F2Subject to the satisfaction of service-based vesting conditions, all RSUs vest on August 15, 2017. Vesting will be accelerated automatically if certain specified events occur prior to August 15, 2017.
- F3Upon vesting, RSUs will be settled automatically for a cash payment in an amount equal to the then fair market value of 10,000 shares of Issuer Common Stock.