SEC Form 4 · accession 0001659154-17-000012
FEDERAL SIGNAL CORP /DE/ · FSS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel Miceli
Officer — Sr. VP - Env. Solutions. Group
Period of report
Dec 31, 2016
Accepted (ET)
Jan 4, 2017 · 4:11 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000277509
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 31, 2016 | M | 5,294 | — | A | 30,876 | D | |
| Common StockF2 | Dec 31, 2016 | F | 2,700 | $15.61 | D | 28,176 | D | |
| Common StockF3 | holding | — | — | — | 8,001 | I | Shares held in 401(k) plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance RightsF1 | — | Dec 31, 2016 | M | 5,294 | D | — | Dec 31, 2016 | Common Stock | 5,294 | 0 | D |
Explanation of responses
- F1Each performance right represented a contingent right to receive up to two shares of the Company's common stock based on a one year performance metric. The number of shares was dependent on the Company's earnings per share (EPS) and return on invested capital for the one year performance period.
- F2Some shares are subject to restrictions and forfeiture under Company Stock Benefit Plan.
- F3Units held in the Issuer 401(k) plan which are convertible into Issuer common stock were adjusted from 7,849 to 8,001 based on the Issuer price per share of $15.61 on December 31, 2016.