SEC Form 4 · accession 0001179110-15-003169
BENCHMARK ELECTRONICS INC · BHE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald Francis Adam
Officer — Chief Financial Officer
Period of report
Feb 19, 2015
Accepted (ET)
Feb 23, 2015 · 5:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000863436
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 19, 2015 | A | 11,812 | $0.00 | A | 80,459 | 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 | $23.14 | Feb 19, 2015 | A | 22,428 | A | — | Feb 19, 2025 | Common Stock | 22,428 | 22,428 | D |
| Performance-based Restricted Stock UnitsF3 | $0.00 | Feb 19, 2015 | A | 11,812 | A | — | — | Common Stock | 11,812 | 11,812 | D |
Explanation of responses
- F1These shares are represented by a restricted stock unit award bearing the right to receive Common Shares and are scheduled to vest in ratable annual installments over a four-year period from the grant date.
- F2The options are scheduled to vest in ratable annual installments over a four-year period from the grant date.
- F3This reflects the target number of performance-based restricted stock units awarded. Actual awards may vary from as low as zero to as high as 2.5 times the target. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2015 and ending on December 31, 2017) and in no event later than March 15, 2018, the number of shares that will ultimately be earned will be determined and issued.