SEC Form 4 · accession 0001127602-15-008348
SUSQUEHANNA BANCSHARES INC · SUSQ
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael M Quick
Officer — EVP & Chief Corp. Credit Off.
Period of report
Feb 24, 2015
Accepted (ET)
Feb 25, 2015 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000700863
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Feb 24, 2015 | A | 26,930 | A | — | — | Common Stock | 26,930 | 26,930 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Susquehanna Bancshares, Inc. common stock. Grant made based on the terms of the Susquehanna Bancshares, Inc. 2015 Long-Term Incentive Plan, pursuant to the Susquehanna Bancshares, Inc. 2013 Omnibus Equity Compensation Plan.
- F2The Restricted Stock Units vest one third on each of February 24, 2016, February 24, 2017, and February 24, 2018 (each a "Vesting Date"); provided that the Grantee continues to be employed by, or provide service to, Susquehanna Bancshares, Inc. through the Vesting Date.