SEC Form 4 · accession 0001127602-16-062670
PAREXEL INTERNATIONAL CORP · PRXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gadi Saarony
Officer — Senior Vice President, CRS
Period of report
Sep 14, 2016
Accepted (ET)
Sep 16, 2016 · 4:09 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 StockF1 | Sep 14, 2016 | A | 3,700 | $0.00 | A | 11,883 | 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 | $67.00 | Sep 14, 2016 | A | 6,300 | A | — | Sep 14, 2024 | Common Stock | 6,300 | 6,300 | D |
| Restricted Stock UnitsF3,F4 | — | Sep 14, 2016 | A | 425 | A | Sep 10, 2017 | — | Common Stock | 425 | 700 | D |
| Restricted Stock UnitsF3,F5 | — | Sep 14, 2016 | A | 367 | A | Sep 9, 2018 | — | Common Stock | 367 | 367 | D |
Explanation of responses
- F1Shares of restricted stock awarded pursuant to PAREXEL International Corporation 2015 Stock Incentive Plan.
- F2Options become exercisable in increments of 25% of the total shares granted commencing on the first anniversary of the date of grant.
- F3Each restricted stock unit represents a contingent right to receive one share of PAREXEL International Corporation common stock.
- 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.
- F5The restricted stock units awarded pursuant to the PAREXEL International Corporation Stock Incentive Plans will vest in full on September 9, 2018. 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.