SEC Form 4 · accession 0001127602-15-008526
CONMED Corp · CNMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Curt R Hartman
Officer — President & CEO
Period of report
Feb 23, 2015
Accepted (ET)
Feb 26, 2015 · 1:31 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000816956
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2015 | M | 2,709 | $0.00 | A | 21,887 | D | |
| Common Stock | Feb 23, 2015 | F | 1,358 | $51.75 | D | 20,529 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Rsus (restricted Stock Units)F1 | $0.00 | Feb 23, 2015 | M | 2,709 | D | — | — | Common Stock | 2,709 | 13,542 | D |
| Rsus (restricted Stock Units)F1 | $0.00 | Feb 24, 2015 | D | 13,542 | D | — | — | Common Stock | 13,542 | 0 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock, par value $0.01 per share of ConMed Corporation (the "Company"), and is subject to the terms and conditions of the Company's 2006 Stock Incentive Plan. Under the terms of Mr. Hartman's offer letter, dated July 22, 2014, in connection with his appointment as Interim CEO, the total number of RSUs granted were to vest in 1/12 increments until the one time PSU award granted February 24, 2015, as disclosed in the 8-K filed November 10, 2014. This is the final increment awarded to Mr. Hartman under the terms of the July 22, 2014 offer letter.