SEC Form 4 · accession 0001088342-17-000042
COMPUTER TASK GROUP INC · CTG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Filip J L Gyde
Officer — Senior Vice President
Period of report
May 15, 2017
Accepted (ET)
May 15, 2017 · 5:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023111
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 15, 2017 | A | 22,260 | $0.00 | A | 138,533 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The restricted shares vest over a three year period as follows: (i) 50% of the amount of the award will vest only if the thirty trading day average closing price of the Company's common stock equals or exceeds a 50% increase in its stock price in the three year period from the date of grant, and (ii) the remaining 50% of the amount of the award will vest only if the thirty trading day average closing price of the Company's common stock equals or exceeds a 100% increase in its stock price in the three year period from the date of grant.