SEC Form 4 · accession 0001127602-15-026893
PAREXEL INTERNATIONAL CORP · PRXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ulf I Schneider
Officer — SVP & Chief Admin. Officer
Period of report
Sep 9, 2015
Accepted (ET)
Sep 11, 2015 · 1:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799729
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 9, 2015 | A | 2,200 | A | — | — | Common Stock | 2,200 | 2,200 | D |
| Stock Option (Right to Buy)F3 | $66.58 | Sep 9, 2015 | A | 9,800 | A | — | Sep 9, 2023 | Common Stock | 9,800 | 9,800 | D |
| Restricted Stock UnitsF1,F4 | — | Sep 9, 2015 | A | 302 | A | — | — | Common Stock | 302 | 302 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of PAREXEL International Corporation common stock.
- F2The restricted stock units awarded pursuant to the PAREXEL International Corporation 2005 Stock Incentive Plan will vest in full on September 9, 2018 subject to satisfaction of certain performance criteria. Vested shares will be delivered to the reporting person as soon as practicable following the vesting date, and in any event no later than December 31, 2018.
- F3Options become exercisable in increments of 25% of the total shares granted commencing on the first anniversary of the date of grant.
- F4The restricted stock units awarded pursuant to the PAREXEL International Corporation 2010 Stock Incentive Plan will vest in full on September 10, 2017. Vested shares will be delivered to the reporting person as soon as practicable following the vesting date, and in any event no later than December 31, 2017.