SEC Form 4 · accession 0001246360-16-004802
DST SYSTEMS INC · DST
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall D Young
Officer — VP, Gen Counsel Secretary
Period of report
Feb 26, 2016
Accepted (ET)
Mar 1, 2016 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000714603
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Feb 26, 2016 | A | 7,501 | $0.00 | A | 21,873 | D | |
| Common StockF3 | Feb 26, 2016 | A | 2,008 | $0.00 | A | 23,881 | D | |
| Common StockF1 | holding | — | — | — | 2,640 | I | ESOP |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares are allocated to the reporting persons account in The Employee Stock Ownership Plan of Issuer. The acquisition is exempt pursuant to Rule 16b-3(c).
- F2This transaction is in connection with the certification by the Compensation Committee of the DST Board of Directors of the achievement of a goal level for performance stock units (PSUs) granted on February 21, 2013 and July 30, 2013 by the Committee, and dividend equivalents (DEs) from time of the PSU award until certification. The number shown is the number of shares that will issue as of the March 11, 2016 vesting date of the PSUs, and will issue as of the March 15, 2016 vesting date of the DEs.
- F3This is the number of time-based RSUs granted by the Compensation Committee of the DST Board of Directors. The RSUs will vest in three approximately equal installments, respectively, on the 2nd Friday in March of each of 2017, 2018 and 2019, subject to forfeiture for termination of employment and to accelerated vesting for certain special events as provided in the award agreement.