SEC Form 4 · accession 0001209191-16-103577
Elah Holdings, Inc. · ELLH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kyle Ross
Officer — Executive VP & CFO
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 8:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000038984
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 25, 2016 | S | 1,123 | $6.4601 | D | 84,239 | D | |
| Common StockF2 | Feb 25, 2016 | A | 20,401 | $0.00 | A | 104,640 | D | |
| Common Stock | Feb 29, 2016 | S | 2,379 | $6.7701 | D | 102,261 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF4,F5 | — | Feb 25, 2016 | A | 19,089 | A | — | — | Common Stock | 19,089 | 19,089 | D |
Explanation of responses
- F1Sold pursuant to a 10b5-1 Plan adopted by the Reporting Person. The shares were sold to satisfy the Reporting Person's tax withholding obligation on 2,500 shares of restricted stock that vested on February 24, 2016.
- F2Shares of restricted common stock were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan. Such shares will vest in three equal installments on each of March 17, 2017, March 16, 2018 and March 15, 2019.
- F3Sold pursuant to a 10b5-1 Plan adopted by the Reporting Person. The shares were sold to satisfy the Reporting Person's tax withholding obligation on 6,242 shares of restricted stock that vested on February 27, 2016.
- F4Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
- F5Issuance of shares subject to the restricted stock units is based on the Company's annualized total stockholder return ("TSR") relative to the TSR of the Russell 2000 Index of companies for the three-year performance period commencing on February 25, 2016 and ending February 24, 2019. The "target" number of shares to be issued pursuant to the restricted stock units is reported. Between 0% and 150% of the target number of shares may be issued, with the actual percentage determined based on actual performance. The restricted stock units were issued under the Real Industry, Inc. Amended and Restated 2015 Equity Award Plan.