SEC Form 4 · accession 0000914190-16-000926
ARCTIC CAT INC · ACAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher T Metz
Officer — President and CEO · Director
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 4:33 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 | Dec 5, 2016 | F | 7,806 | $15.18 | D | 82,497 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightF2 | $14.16 | holding | — | — | — | — | Feb 5, 2021 | Common Stock | 175,000 | 175,000 | D |
| Stock Option (Right to Buy)F3 | $32.93 | holding | — | — | — | — | Dec 3, 2024 | Common Stock | 67,259 | 67,259 | D |
| Stock Option (Right to Buy)F4 | $32.93 | holding | — | — | — | — | Dec 3, 2024 | Common Stock | 151,837 | 151,837 | D |
| Stock Option (Right to Buy)F5 | $16.74 | holding | — | — | — | — | Apr 1, 2026 | Common Stock | 156,810 | 156,810 | D |
Explanation of responses
- F1Includes (i) 23,234 restricted stock units that vest on 12/3/17; and (ii) 20,908 restricted stock units that vest as to 6,969 shares on 4/1/17, 6,970 shares on 4/1/18 and 6,969 shares on 4/1/19.
- F2Vests as to 58,333 shares on 2/5/17, 58,334 shares on 2/5/18, and 58,333 shares on 2/5/19. The vested portion of the stock appreciation rights will settle in cash on such vesting dates.
- F3Vests as to 22,419 shares on 12/3/15, 22,420 shares on 12/3/16, and 22,420 shares on 12/3/17.
- F4Vests as to 50,612 shares on 12/3/15, 50,612 shares on 12/3/16, and 50,613 shares on 12/3/17.
- F5Vests as to 52,270 shares on each of 4/1/17, 4/1/18 and 4/1/19.