SEC Form 4 · accession 0000914190-16-000597
ARCTIC CAT INC · ACAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Andrew S Duff
Director
Period of report
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 5:43 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 | Apr 1, 2016 | A | 2,688 | $0.00 | A | 3,724 | 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)F4 | $16.74 | Apr 1, 2016 | A | 5,973 | A | — | Apr 1, 2026 | Common Stock | 5,973 | 5,973 | D |
| Stock Option (Right to Buy)F3 | $19.90 | holding | — | — | — | — | Oct 23, 2025 | Common Stock | 2,303 | 2,303 | D |
Explanation of responses
- F1Represents 2,688 restricted stock units ("RSUs") underlying a long-term incentive award that vest as to 896 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 the Company's common stock.
- F2Includes (i) 1,036 restricted stock units that vest as to 345 shares on 10/23/16, 346 shares on 10/23/17 and 345 shares on 10/23/18; and (ii) 2,688 restricted stock units that vest 896 shares on each of 4/1/17, 4/1/18 and 4/1/19.
- F3Vests as to 768 shares on 10/23/16, 767 shares on 10/23/17 and 768 shares on10/23/18.
- F4Vests as to 1,991 shares on each of 4/1/17, 4/1/18 and 4/1/19.