SEC Form 4 · accession 0001127602-17-027309
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 8, 2017
Accepted (ET)
Sep 12, 2017 · 1:14 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 | Sep 10, 2017 | M | 895 | $0.00 | A | 12,778 | D | |
| Common Stock | Sep 11, 2017 | F | 1,334 | $87.77 | D | 11,444 | D |
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 8, 2017 | A | 195 | A | Sep 10, 2017 | — | Common Stock | 195 | 895 | D |
| Restricted Stock UnitsF1,F3 | — | Sep 8, 2017 | A | 195 | A | Sep 9, 2018 | — | Common Stock | 195 | 562 | D |
| Restricted Stock UnitsF1,F4 | — | Sep 8, 2017 | A | 361 | A | Sep 14, 2019 | — | Common Stock | 361 | 361 | D |
| Restricted Stock UnitsF1,F2 | — | Sep 10, 2017 | M | 895 | D | Sep 10, 2017 | — | Common Stock | 895 | 0 | 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 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.
- F3The 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.
- F4These restricted stock units awarded pursuant to the PAREXEL International Corporation 2015 Stock Incentive Plan will vest in full on September 14, 2019 subject to the 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, 2019.