SEC Form 4 · accession 0000851520-16-000225
EXPONENT INC · EXPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard L Schlenker Jr.
Officer — EVP & Chief Financial Officer
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 5:45 pm EST
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 9, 2016 | M | 16,664 | — | A | 203,794 | D | |
| Common StockF2 | Mar 9, 2016 | M | 683 | — | A | 204,477 | D | |
| Common Stock | Mar 9, 2016 | F | 6,768 | $47.88 | D | 197,709 | 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,F5 | — | Mar 9, 2016 | A | 65 | A | Mar 9, 2016 | Mar 9, 2016 | Common Stock | 65 | 683 | D |
| Dividend Equivalent RightsF2,F3 | — | Mar 9, 2016 | M | 683 | D | Mar 9, 2016 | Mar 9, 2016 | Common Stock | 683 | 0 | D |
| Restricted Stock UnitsF2,F1 | — | Mar 9, 2016 | M | 16,664 | D | Mar 9, 2016 | Mar 9, 2022 | Common Stock | 16,664 | 0 | D |
Explanation of responses
- F1Reflects the conversion of shares of vested Restricted Stock Units granted on March 9, 2012 into shares of Common Stock on a 1:1 basis.
- F2Not applicable.
- F3Settlement of dividend equivalent rights in connection with RSU release 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 2016.