SEC Form 4 · accession 0001209191-17-047214
Xcerra Corp · XCRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David G Tacelli
Officer — President & CEO · Director
Period of report
Jul 31, 2017
Accepted (ET)
Aug 2, 2017 · 7:06 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 | Jul 31, 2017 | A | 120,000 | $0.00 | A | 954,261 | D | |
| Common StockF2 | Jul 31, 2017 | F | 9,735 | $9.71 | D | 944,526 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This Restricted Stock Unit (RSU) award represents the number of performance based RSUs that converted to time based vesting following the achievement of the performance criteria. Each RSU represents the right to receive one share of Xcerra Corporation common stock. Under the terms of the RSUs, one fourth vest immediately, with the remainder vesting in equal installments over the next three years, on July 31, 2018, July 31, 2019, and July 31, 2020.
- F2The disposition of common stock described in this filing reflects the amount of shares of common stock withheld for tax withholding purposes.