SEC Form 4 · accession 0001214659-16-014866
FAIR ISAAC CORP · FICO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William J Lansing
Officer — President and CEO · Director
Period of report
Nov 21, 2016
Accepted (ET)
Nov 21, 2016 · 7:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000814547
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Share UnitsF2,F1,F3,F4 | — | Nov 21, 2016 | A | 34,163 | A | Dec 8, 2016 | — | Common Stock | 34,163 | 34,163 | D |
Explanation of responses
- F1Each earned performance share unit represents a right to receive one share of Fair Isaac common stock contingent upon continued employment.
- F2On November 21, 2016, the Leadership Development and Compensation Committee of the Board of Directors of Fair Isaac Corporation determined that the reporting person earned the number of performance share units reported on this Form 4 based on achievement of certain performance metrics.
- F3The performance share units vest in three equal annual installments commencing on this date and one share will be delivered to the reporting person for each vested unit as soon as practicable thereafter.
- F4No expiration date.