SEC Form 4 · accession 0000867374-19-000014
ELECTRONICS FOR IMAGING INC · EFII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William D Muir Jr.
Officer — CHIEF EXECUTIVE OFFICER · Director
Period of report
Mar 12, 2019
Accepted (ET)
Mar 14, 2019 · 4:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000867374
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit (RSU)F1,F2 | — | Mar 12, 2019 | A | 11,900 | A | — | — | Common Stock | 11,900 | 11,900 | D |
| Restricted Stock Unit (RSU)F1,F3 | — | Mar 12, 2019 | A | 11,900 | A | — | — | Common Stock | 11,900 | 11,900 | D |
| Restricted Stock Unit (RSU)F1,F4 | — | Mar 12, 2019 | A | 5,952 | A | — | — | Common Stock | 5,952 | 5,952 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the common stock of Electronics For Imaging, Inc. (the "company").
- F2This is the target number of restricted stock units ("RSUs") subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified revenue goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Compensation Committee (the "Committee") of the Board of Directors of the Company after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units.
- F3This is the target number of RSUs subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified non-GAAP operating income goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Committee after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units.
- F4This is the target number of RSUs subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified cash from operations goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Committee after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units.