SEC Form 4 · accession 0001209191-16-100583
PHI INC · PHIIK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David F. Stepanek
Officer — Dir of Corp. Business Develop.
Period of report
Feb 17, 2016
Accepted (ET)
Feb 19, 2016 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000350403
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Non-Voting Common Stock | Feb 17, 2016 | A | 3,898 | $0.00 | A | 16,983 | D | |
| Non-Voting Common StockF2 | holding | — | — | — | 325 | I | By Daughter 1 | |
| Non-Voting Common StockF2 | holding | — | — | — | 650 | I | By Daughter 2 | |
| Non-Voting Common Stock | holding | — | — | — | 650 | I | By Daughter 3 |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the number of shares of non-voting stock issuable under performance-based RSUs originally granted to the Reporting Person on May 2, 2013. On February 17, 2016, the Compensation Committee of the Issuer's Board of Directors certified that the applicable performance metric was met. These RSUs are scheduled to vest on March 15, 2016.
- F2The Reporting Person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the Reporting Person is the beneficial owner of these shares for purposes of Section 16 or any other purpose.