SEC Form 4 · accession 0001140361-16-059810
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
Mar 30, 2016
Accepted (ET)
Apr 1, 2016 · 4:15 pm EDT
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 StockF1 | Jul 8, 2015 | G | 690 | $0.00 | D | 29,659 | D | |
| Common StockF1 | Dec 7, 2015 | G | 610 | $0.00 | D | 29,049 | 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 | $36.17 | Mar 30, 2016 | A | 13,845 | A | — | Mar 30, 2021 | Common Stock | 13,845 | 13,845 | D |
| Performance Share UnitF3,F4 | — | Mar 30, 2016 | A | 7,931 | A | — | — | Common Stock | 7,931 | 7,931 | D |
| Restricted Stock UnitF5,F6 | — | Mar 30, 2016 | A | 3,966 | A | — | — | Common Stock | 3,966 | 3,966 | D |
Explanation of responses
- F1Includes 4,000 shares of restricted stock subject to future vesting provisions.
- F2This stock option vests one-third on each of March 30, 2017, March 30, 2018 and March 30, 2019.
- F3Represents a grant of performance share units under the issuer's 2015 Equity Incentive Plan. Each performance share unit represents the right to receive, at settlement, one share of the issuer's common stock.
- F4Subject to certain continued employment requirements, vesting of these performance share units depends on the issuer's relative total shareholder return from January 1, 2016 through and including December 31, 2018. The amount reported represents the "target" number. The maximum number of units that may vest is 15,863 (200% of the target number). Between 0% and 200% of the target number of performance share units may vest on December 31, 2018, with the vesting percentage determined based on actual performance.
- F5Represents a grant of restricted stock units under the issuer's 2015 Equity Incentive Plan. Each performance share unit represents the right to receive, at settlement, one share of the issuer's common stock.
- F6Subject to certain continued employment requirements, vesting of these restricted stock units depends on satisfying a minimum earnings per share metric for fiscal year 2016, and if such metric is satisfied, then the restricted stock units will vest one-third on each March 30, 2017, March 30, 2018 and March 30, 2019.