SEC Form 4 · accession 0000914190-16-000540
ARCTIC CAT INC · ACAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Nee
Officer — Vice President Human Resources
Period of report
Feb 5, 2016
Accepted (ET)
Feb 9, 2016 · 5:21 pm EST
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 | Feb 5, 2016 | A | 8,580 | $0.00 | A | 28,570 | 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 | $43.79 | holding | — | — | — | — | Apr 2, 2022 | Common Stock | 4,639 | 4,639 | D |
| Stock Option (Right to Buy)F4 | $42.99 | holding | — | — | — | — | Apr 1, 2023 | Common Stock | 5,233 | 5,233 | D |
| Stock Option (Right to Buy)F5 | $47.52 | holding | — | — | — | — | Apr 1, 2024 | Common Stock | 4,734 | 4,734 | D |
| Stock Option (Right to Buy)F6 | $31.51 | holding | — | — | — | — | May 14, 2025 | Common Stock | 7,200 | 7,200 | D |
Explanation of responses
- F1Represents 8,580 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 2,860 shares on each of 2/5/17, 2/5/18, and 2/5/19. Each RSU represents a contingent right to receive one share of Arctic Cat Inc. common stock.
- F2Includes (i) 233 shares of restricted stock units that vest on 4/1/16; (ii) 421shares of restricted stock units that vest 211 shares on 4/1/16 and 210 shares on 4/1/17; (iii) 1,250 shares of restricted stock units that vest on 3/31/16; (iv) 960 shares of restricted stock units that vest 320 shares on each of 5/14/16, 5/14/17 and 5/14/18; and (v) 8,580 restricted stock units that vest 2,860 shares on each of 2/5/17, 2/5/18, and 2/5/19. Also includes 631 previously reported shares of restricted stock units (attributable to the 4/1/14 grant) that have a deferred delivery date of 1/1/19.
- F3Fully exercisable.
- F4Vests in three equal annual installments beginning on 4/1/14.
- F5Vests in three equal annual installments beginning on 4/1/15.
- F6Vests in three equal annual installments beginning on 5/14/16.