SEC Form 4 · accession 0000899243-15-002643
ELECTRONICS FOR IMAGING INC · EFII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Guy Gecht
Officer — Chief Executive Officer · Director
Period of report
Aug 6, 2015
Accepted (ET)
Aug 7, 2015 · 6:01 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000867374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 6, 2015 | M | 29,600 | — | A | 375,700 | D | |
| Common StockF1 | Aug 6, 2015 | M | 23,833 | — | A | 399,583 | D | |
| Common StockF2 | Aug 6, 2015 | F | 27,883 | $45.45 | D | 371,700 | D |
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)F3,F4 | — | Aug 6, 2015 | M | 29,600 | D | — | — | Common Stock | 29,600 | 29,600 | D |
| Restricted Stick Unit (RSU)F3,F5 | — | Aug 6, 2015 | M | 23,833 | D | — | Aug 6, 2015 | Common Stock | 23,833 | 0 | D |
Explanation of responses
- F1Upon vesting, each restricted stock unit was converted into one share of Electronics For Imaging, Inc. (the "Company") common stock.
- F2Represents shares of common stock withheld by the issuer for tax purposes upon vesting of the restricted stock units. This transaction is exempt under Rule 16b-3(e).
- F3Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F4This is a performance-based award granted on August 15, 2013. These RSUs represent a portion of the award that vested on August 6, 2015 based on the Company's achievement of revenue and non-GAAP operating income targets for four consecutive quarters during the period commencing with the quarter ending March 31, 2013 and ending with the quarter ending June 30, 2016.
- F5This is a performance-based award granted on May 15, 2014. This RSU award vested on August 6, 2015, based on the Company's achievement of revenue and non-GAAP operating income targets for four consecutive quarters during the period commencing with the quarter ended September 30, 2013 and ending with the quarter ending June 30, 2015.