SEC Form 4 · accession 0000851520-17-000077
EXPONENT INC · EXPO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Osteraas
Officer — Group Vice President
Period of report
Mar 15, 2017
Accepted (ET)
Mar 17, 2017 · 5:40 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 15, 2017 | M | 170 | — | A | 8,224 | D | |
| Common StockF2 | Mar 15, 2017 | M | 3,276 | — | A | 11,500 | D | |
| Common Stock | Mar 15, 2017 | F | 1,248 | $59.65 | D | 10,252 | 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 15, 2017 | M | 12 | A | Mar 15, 2017 | Mar 15, 2017 | Common Stock | 12 | 170 | D |
| Dividend Equivalent RightsF2,F1 | — | Mar 15, 2017 | M | 170 | D | Mar 15, 2017 | Mar 15, 2017 | Common Stock | 170 | 0 | D |
| Restricted Stock UnitsF2,F3 | — | Mar 15, 2017 | M | 3,276 | D | Mar 15, 2017 | Mar 15, 2023 | Common Stock | 3,276 | 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 15, 2013 into shares of Common Stock on a 1:1 basis.
- F4Reflects a revision to the 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 2017.