SEC Form 4 · accession 0001127602-16-053207
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
May 23, 2016
Accepted (ET)
May 24, 2016 · 12:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000799729
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 23, 2016 | M | 6,000 | $30.18 | A | 33,530 | D | |
| Common StockF1 | May 23, 2016 | S | 6,000 | $60.01 | D | 27,530 | 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)F2 | $30.18 | May 23, 2016 | M | 6,000 | D | — | Sep 11, 2016 | Common Stock | 6,000 | 13,500 | D |
Explanation of responses
- F1These shares were sold in multiple transactions at prices ranging from $60.00-$60.06. The price reported in this column reflects a weighted average sale price. For all transactions reported on this Form 4 utilizing a weighted average sale price, the reporting person will provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each price.
- F2Options become exercisable for 25% of the total shares granted in annual increments commencing on the first anniversary of the date of grant.