SEC Form 4 · accession 0001127602-16-059997
PAREXEL INTERNATIONAL CORP · PRXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua Schultz
Officer — SVP, PAREXEL Access
Period of report
Aug 9, 2016
Accepted (ET)
Aug 10, 2016 · 3:27 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 | Aug 9, 2016 | M | 2,500 | $39.34 | A | 5,168 | D | |
| Common StockF1 | Aug 9, 2016 | S | 2,500 | $68.64 | D | 2,668 | 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 | $39.34 | Aug 9, 2016 | M | 2,500 | D | — | Dec 4, 2021 | Common Stock | 2,500 | 5,000 | D |
Explanation of responses
- F1These shares were sold in multiple transactions at prices ranging from $68.64-$68.645. 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 in increments of 25% of the total shares granted commencing on the first anniversary of the date of grant.