SEC Form 4 · accession 0001209191-16-134084
METHODE ELECTRONICS INC · MEI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John R Hrudicka
Officer — Vice President & CFO
Period of report
Jul 25, 2016
Accepted (ET)
Jul 27, 2016 · 4:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000065270
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 25, 2016 | A | 72,000 | $0.00 | A | 72,000 | D | |
| Common StockF2 | Jul 25, 2016 | A | 32,000 | $0.00 | A | 104,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted Stock Award granted under the terms of the Methode Electronics, Inc. 2014 Omnibus Incentive Plan. The restricted stock will be eligible to be earned based on the Company's fiscal 2020 EBITDA, subject to certain adjustments
- F2Restricted Stock Units granted under the terms of the Methode Electronics, Inc. 2014 Omnibus Incentive Plan. The Restricted Stock Units are subject to a five-year vesting period, with 30% vesting on 4/28/2018, 30% vesting on 4/27/2019 and 40% vesting on 5/2/2020.