SEC Form 4 · accession 0001209191-16-138987
Xcerra Corp · XCRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark J Gallenberger
Officer — Sr.VP & COO/CFO
Period of report
Aug 25, 2016
Accepted (ET)
Aug 29, 2016 · 4:49 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000357020
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Aug 25, 2016 | A | 75,000 | $0.00 | A | 608,028 | D | |
| Common StockF2 | Aug 26, 2016 | F | 8,113 | $6.15 | D | 599,915 | D | |
| Common StockF3 | Aug 27, 2016 | F | 8,113 | $6.15 | D | 591,802 | D | |
| Common StockF4 | Aug 28, 2016 | F | 8,924 | $6.15 | D | 582,878 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted stock unit (RSU) represents the right to receive one share of Xcerra Corporation common stock. Under the terms of the RSUs, units vest in four equal installments on August 25, 2017; August 25, 2018; August 25, 2019; and August 25, 2020.
- F2The disposition of the common stock described in this filing reflects the amount of shares of common stock withheld for tax witholding purposes. Under the original RSU grant, 25% vested on August 26, 2013, 25% vested on August 26, 2014, 25% vested on August 26, 2015, and 25% vested on August 26, 2016.
- F3The disposition of the common stock described in this filing reflects the amount of shares of common stock withheld for tax purposes. Under the terms of the original RSU grant, 25% vested on August 27, 2016, 25% vests on August 27, 2017, 25% vests on August 27, 2018, and 25% vests on August 27, 2019.
- F4The disposition of the common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes. Under the terms of the original RSU grant, 25% vested on August 28, 2013, 25% vested on August 28, 2014, 25% vested on August 28, 2015, and 25% vested on August 28, 2016.