SEC Form 4 · accession 0000712034-18-000026
ACCO BRANDS Corp · ACCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neal V Fenwick
Officer — Executive VP and CFO
Period of report
Mar 6, 2018
Accepted (ET)
Mar 8, 2018 · 5:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000712034
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 6, 2018 | A | 66,460 | $12.82 | A | 504,293 | D | |
| Common Stock | Mar 6, 2018 | F | 20,689 | $12.82 | D | 483,604 | D | |
| Common StockF2 | holding | — | — | — | 21,284 | I | In 401(k) plan | |
| Common Stock | holding | — | — | — | 2,500 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F3 | $12.82 | Mar 6, 2018 | A | 41,696 | A | Mar 7, 2019 | Mar 7, 2025 | Common Stock | 41,696 | 41,696 | D |
| Restricted Stock UnitsF4 | $0.00 | Mar 6, 2018 | A | 15,235 | A | Mar 7, 2021 | Mar 7, 2021 | Common Stock | 15,235 | 15,235 | D |
| Restricted Stock UnitsF5 | $0.00 | Mar 6, 2018 | A | 14,107 | A | Mar 8, 2020 | Mar 8, 2020 | Common Stock | 14,107 | 14,107 | D |
Explanation of responses
- F1Reflects the settlement of earned performance stock units ("PSUs") for the PSU (2015-2017) cycle into an equal number of shares of common stock on the transaction date indicated.
- F2Represents number of ACCO Brands Corporation common stock held in reporting owner's 401(k) retirement savings plan account as of January 23, 2018.
- F3Nonqualified employee stock options granted under the Issuer's Incentive Plan. One-third of original grant vests annually. Options expire seven years from the grant date, if not earlier terminated or exercised in full, subject to acceleration as provided in said Plan.
- F4Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. Each RSU represents the right to receive one share of the Issuer's common stock on March 7, 2021 provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.
- F5Reflects RSUs granted under the Issuer's Incentive Plan that were earned by the Reporting Person upon the completion of the applicable one-year performance period. Each earned RSU represents the right to receive one share of the Issuer's common stock on March 8, 2020 provided the Reporting Person remains employed by the Issuer at that time, subject to acceleration as provided in said Plan.