SEC Form 4 · accession 0001209191-18-020591
ST JOE Co · JOE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Borick
Officer — SVP, General Counsel
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 4:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000745308
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 15, 2018 | P | 3,106 | $19.32 | A | 15,223 | D | |
| Common StockF2 | Mar 15, 2018 | F | 921 | $19.32 | D | 14,302 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were acquired pursuant to a voluntary election by the Reporting Person to receive the shares in lieu of a portion of his discretionary cash bonus award for 2017 performance and pursuant to The St. Joe Company's (the "Company") 2015 Performance and Equity Incentive Plan. The shares immediately vested and any restrictions on such shares lapsed on March 15, 2018.
- F2The price reflects the Company's average closing price for the five-day trading period ended March 13, 2018.
- F3Reflects shares forfeited in order to satisfy tax obligations that arose in connection with the vesting of the Restricted Stock Award Grant referenced above.