SEC Form 4 · accession 0001354488-15-002874
Function(x) Inc. · FNCX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John C Small
Officer — Chief Financial Officer
Period of report
Jun 4, 2015
Accepted (ET)
Jun 5, 2015 · 4:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000725876
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | Jun 4, 2015 | M | 20,000 | — | A | 128,268 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2,F4 | — | Jun 4, 2015 | M | 0 | D | — | — | Common Stock | 20,000 | 0 | D |
| Restricted Stock UnitsF4,F3 | — | holding | — | — | — | — | — | Common Stock | 124,072 | 124,072 | D |
Explanation of responses
- F1The grant and the vesting of these restricted stock units are exempt from the provisions of Section 16(b) pursuant to Rule 16b-3 promulgated thereunder.
- F2This restricted stock unit award was granted September 29, 2014 and vested as to 40,000 units on December 4, 2014, vested as to 20,000 units on March 5, 2015, and vested as to 20,000 units on June 4, 2015.
- F3Restricted stock units in respect of 155,090 shares of common stock pursuant to the Company's 2011 Equity Incentive Plan. These units vested as to 31,018 shares on May 1, 2015 and an additional 31,018 shares will vest on each of May 1, 2016, May 1, 2017, May 1, 2018 and May 1, 2019.
- F4Each restricted stock unit represents the right to receive, at settlement, one (1) share of common stock.