SEC Form 4 · accession 0000054441-15-000127

FURMANITE CORP · FRM

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Director · Other

Period of report

Nov 1, 2015

Accepted (ET)

Nov 4, 2015 · 8:09 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000054441

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common stock	Nov 1, 2015	M	114,522	$0.00	A	350,134	D
Common stock	Nov 1, 2015	G	502	$0.00	D	349,632	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted stock units^F1,F2	$0.00	Nov 1, 2015	A	92,061	A	Nov 1, 2015	Nov 1, 2015	Common stock	92,061	114,522	D
Restricted stock units^F3,F2	$0.00	Nov 1, 2015	M	114,522	D	Nov 1, 2015	Nov 1, 2015	Common stock	114,522	0	D

F1Represents performance-based restricted stock units granted on various dates previously, which had not been reported on prior Form 4 filings as their vesting was contingent upon meeting certain performance-based requirements. Pursuant to the terms of a Separation Agreement between Furmanite Corporation and Mr. Milliron dated November 1, 2015, the original performance conditions associated with these units are no longer applicable.
F2On vesting date, converted 1-for-1 into shares of common stock.
F3Represents restricted stock units that vested on November 1, 2015, pursuant to the terms of a Separation Agreement between Furmanite Corporation and Mr. Milliron dated November 1, 2015 in conjunction with his retirement from the roles of CEO and President.