SEC Form 4 · accession 0000020629-17-000089
CSS INDUSTRIES INC · CSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elam M Hitchner III
Director
Period of report
Jul 31, 2017
Accepted (ET)
Aug 2, 2017 · 4:38 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000020629
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock ($.10 par value)F1 | Jul 31, 2017 | M | 1,838 | $0.00 | A | 2,838 | 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 Units | $0.00 | Jul 31, 2017 | M | 1,838 | D | Jul 31, 2017 | Jul 31, 2017 | Common Stock ($.10 par value) | 1,838 | 0 | D |
| Restricted Stock UnitsF2 | $0.00 | Aug 1, 2017 | A | 1,864 | A | Jul 30, 2018 | Jul 30, 2018 | Common Stock ($.10 par value) | 1,864 | 1,864 | D |
Explanation of responses
- F1Reflects shares acquired upon vesting of restricted stock units ("RSUs") previously granted under the 2013 Equity Compensation Plan. Upon vesting, RSUs are converted into shares of Issuer common stock on a 1-to-1 basis.
- F2Reflects RSUs granted under the 2013 Equity Compensation Plan, as amended. Subject to the satisfaction of service-based vesting conditions, each RSU will be automatically converted into one share of Issuer common stock on July 30, 2018.