SEC Form 4 · accession 0001140361-15-004866
AIR METHODS CORP · AIRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael D Allen
Officer — President, Domestic AMS
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 4:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000816159
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 24, 2014 | G | 325 | $0.00 | D | 30,674 | D | |
| Common Stock | Dec 24, 2014 | G | 325 | $0.00 | D | 30,349 | 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)F1 | $44.03 | Feb 5, 2015 | A | 18,419 | A | — | Feb 5, 2020 | Common Stock | 18,419 | 18,419 | D |
| Performance Share UnitF2,F3 | — | Feb 5, 2015 | A | 5,212 | A | — | — | Common Stock | 5,212 | 5,212 | D |
Explanation of responses
- F1This stock option vests one-third on January 1, 2016, one-third on January 1, 2017, and one-third on January 1, 2018.
- F2Represents a grant of performance-based share units under the issuer's Performance Pay Plan. Each performance-based share unit represents the right to receive, at settlement, one share of issuer's common stock to be issued under the issuer's Second Amended and Restated 2006 Equity Compensation Plan.
- F3Subject to certain continued employment requirements, vesting of these performance-based share units depends on the issuer's relative total shareholder return from January 1, 2015 through and including December 31, 2017. The amount reported represents the "target" number. The maximum number of units that may vest is 10,425 (200% of the target number). Between 0% and 200% of the target number of performance-based share units may vest on December 31, 2017, with the vesting percentage determined based on actual performance.