SEC Form 4 · accession 0000801898-17-000014
JOY GLOBAL INC · JOY
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward L Doheny II
Officer — President and CEO · Director
Period of report
Jan 13, 2017
Accepted (ET)
Jan 17, 2017 · 5:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000801898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 13, 2017 | A | 93 | — | A | 404,439 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF2,F3 | — | Jan 13, 2017 | A | 5 | A | — | — | Common Stock | 5 | 14,859 | D |
Explanation of responses
- F1The number of shares acquired represents additional restricted stock units resulting from the payment on January 13, 2017 of a cash dividend of $0.01 per share of common stock based on $28.135, the average of the daily high and low trading prices of the issuer's common stock on the dividend payment date.
- F2The number of securities acquired represents additional restricted stock units resulting from the payment on January 13, 2017 of a cash dividend of $0.01 per share of common stock based on $28.135, the average of the daily high and low trading prices of the issuer's common stock on the dividend payment date.
- F3These deferred stock units will be settled in shares of common stock on a one-for-one basis (or wholly or partly in cash, at the discretion of the issuer's compensation committee) when the reporting person ceases to be a covered employee as defined in Section 162(m)(3) of the Internal Revenue Code, or to the extent that total taxable income from salary and other non-performance based sources (combined with the value of any shares and cash distributed under the issuer's performance share award program) is less than $1 million for a given fiscal year. The deferred stock units are also payable upon a change in control.