SEC Form 4 · accession 0000851520-15-000064
EXPONENT INC · EXPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Subbaiah V Malladi
Officer — Chief Technical Officer
Period of report
Mar 11, 2015
Accepted (ET)
Mar 13, 2015 · 8:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000851520
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 11, 2015 | M | 278 | — | A | 12,232 | D | |
| Common StockF2 | Mar 11, 2015 | M | 43 | — | A | 12,275 | D | |
| Common StockF2 | Mar 11, 2015 | M | 11,974 | — | A | 24,249 | D | |
| Common Stock | Mar 11, 2015 | F | 6,276 | $86.41 | D | 17,973 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Equivalent RightsF2,F1 | — | Mar 11, 2015 | M | 278 | D | Mar 11, 2015 | Mar 11, 2015 | Common Stock | 278 | 0 | D |
| Dividend Equivalent RightsF2,F5 | — | Mar 11, 2015 | A | 43 | A | Mar 11, 2015 | Mar 11, 2015 | Common Stock | 43 | 43 | D |
| Dividend Equivalent RightsF2,F1 | — | Mar 11, 2015 | M | 43 | D | Mar 11, 2015 | Mar 11, 2015 | Common Stock | 43 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 11, 2015 | M | 11,974 | D | Mar 11, 2015 | Mar 11, 2021 | Common Stock | 11,974 | 0 | D |
Explanation of responses
- F1Settlement of dividend equivalent rights in connection with RSU release on a 1:1 basis.
- F2Not applicable.
- F3Reflects the conversion of shares of vested Restricted Stock Units granted on March 11, 2011 into shares of Common Stock on a 1:1 basis.
- F4Reflects shares of common stock withheld by the Company to satify the tax withholding obligations of the Reporting Person.
- F5The dividend equivalent rights accrued with respect to RSUs, pursuant to dividends earned in Q1 2015.