SEC Form 4 · accession 0000020629-18-000107
CSS INDUSTRIES INC · CSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith W Pfeil
Officer — Exec. VP and CFO
Period of report
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 4:30 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Call (Stock) OptionF1 | $13.39 | Nov 6, 2018 | A | 10,000 | A | — | Nov 6, 2028 | Common Stock ($.10 par value) | 10,000 | 10,000 | D |
| Restricted Stock UnitsF2 | $0.00 | Nov 6, 2018 | A | 10,000 | A | — | — | Common Stock ($.10 par value) | 10,000 | 10,000 | D |
Explanation of responses
- F1Subject to the satisfaction of service-based vesting conditions, the Stock Options will vest and become exerciable in installments of 25% per year on each of the 1st, 2nd, 3rd and 4th anniversaries of the grant date and remain exercisable until the expiration date.
- F2Subject to the satisfaction of service-based vesting conditions, 25% of the Restricted Stock Units (RSUs) will vest on each of the 1st, 2nd, 3rd and 4th anniversaries of the grant date. Upon vesting, RSUs are automatically converted into shares of Issuer common stock on a 1-to-1 basis.