SEC Form 4 · accession 0000914190-16-000590
ARCTIC CAT INC · ACAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Fisher
Officer — Vice President - Operations
Period of report
Mar 31, 2016
Accepted (ET)
Apr 4, 2016 · 5:39 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 Stock | Mar 31, 2016 | F | 486 | $16.80 | D | 33,861 | D | |
| Common StockF1,F2 | Apr 1, 2016 | A | 2,673 | $0.00 | A | 36,534 | 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)F6 | $16.74 | Apr 1, 2016 | A | 20,049 | A | — | Apr 1, 2026 | Common Stock | 20,049 | 20,049 | D |
| Stock Option (Right to Buy)F3 | $15.77 | holding | — | — | — | — | Apr 1, 2021 | Common Stock | 11,191 | 11,191 | D |
| Stock Option (Right to Buy)F3 | $43.79 | holding | — | — | — | — | Apr 2, 2022 | Common Stock | 4,995 | 4,995 | D |
| Stock Option (Right to Buy)F3 | $42.99 | holding | — | — | — | — | Apr 1, 2023 | Common Stock | 5,321 | 5,321 | D |
| Stock Option (Right to Buy)F4 | $47.52 | holding | — | — | — | — | Apr 1, 2024 | Common Stock | 5,129 | 5,129 | D |
| Stock Option (Right to Buy)F5 | $31.51 | holding | — | — | — | — | May 14, 2025 | Common Stock | 10,651 | 10,651 | D |
Explanation of responses
- F1Represents 2,673 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 891 shares on each of 4/1/17, 4/1/18 and 4/1/19. Each RSU represents a contingent right to receive one share of Arctic Cat Inc. common stock.
- F2Includes (i) 228 restricted stock units that vest on 4/1/17; (ii) 3,000 restricted stock units that vest on 2/27/17; (iii) 1,420 restricted stock units that vest 473 shares on 5/14/16 and 5/14/18 and 474 shares on 5/14/17; (iv) 12,623 restricted stock units that vest 4,208 shares on 2/5/17 and 2/5/19 and 4,207 shares on 2/5/18; and (v) 2,673 restricted stock units that vest 891 shares on each of 4/1/17, 4/1/18 and 4/1/19.
- F3Fully exercisable.
- F4Vests 1,710 shares on 4/1/15, 1,709 shares on 4/1/16 and 1,710 shares on 4/1/17.
- F5Vests 3,550 shares on 5/14/16, 3,551 shares on 5/14/17 and 3,550 shares on 5/14/18.
- F6Vests 6,683 shares on each of 4/1/17, 4/1/18 and 4/1/19.