SEC Form 4 · accession 0000914190-17-000037
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
Feb 6, 2017
Accepted (ET)
Feb 8, 2017 · 5:11 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 6, 2017 | F | 620 | $18.54 | D | 8,821 | 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 |
| Stock Option (Right to Buy)F4 | $16.74 | holding | — | — | — | — | Apr 1, 2026 | Common Stock | 8,848 | 8,848 | 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) 359 shares of restricted stock units that vest 179 shares on 5/14/17 and 180 shares on 5/14/18; (ii) 3,177 restricted stock units that vest 1,588 shares on 2/5/18 and 1,589 shares on 2/5/19; and (ii) 1,179 shares of restricted stock units that vest 393 shares on each of 4/1/17, 4/1/18 and 4/1/19.
- F3Vests 1,349 shares on 5/14/16 and 5/14/18 and 1,348 shares on 5/14/17.
- F4Vests 2,949 shares on 4/1/17, 2,950 shares on 4/1/18 and 2,949 shares on 4/1/19.