SEC Form 4 · accession 0000914190-15-000274
ARCTIC CAT INC · ACAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Okerlund
Officer — VP - Legal Affairs
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 5:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000719866
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 29, 2015 | F | 311 | $28.61 | D | 4,041 | D |
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 | $31.51 | holding | — | — | — | — | May 14, 2025 | Common Stock | 4,046 | 4,046 | D |
Explanation of responses
- F1The reporting person has elected to satisfy his tax withholding obligation in connection with the vesting of a prior restricted stock unit grant by directing the Company to withhold shares otherwise issuable pursuant to the previously reported grant.
- F2Includes (i) 1,250 shares of restricted stock that vest on 3/31/2016; (ii) 1,000 shares of restricted stock that vest on 11/12/16; and (iii) 539 shares of restricted stock units that vest 180 shares on 5/14/16 and 5/14/18 and 179 shares on 5/14/17.
- F3Vests 1,349 shares on 5/14/16 and 5/14/18 and 1,348 shares on 5/14/17.