SEC Form 4 · accession 0000899243-15-002865
ELECTRONICS FOR IMAGING INC · EFII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eric F Brown
Director
Period of report
Aug 7, 2015
Accepted (ET)
Aug 11, 2015 · 6:02 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 7, 2015 | M | 20,625 | $16.57 | A | 50,125 | D | |
| Common StockF2 | Aug 7, 2015 | M | 20,000 | $17.97 | A | 70,125 | D | |
| Common StockF3 | Aug 7, 2015 | S | 40,625 | $45.05 | D | 29,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option Right to BuyF4 | $16.57 | Aug 7, 2015 | M | 20,625 | D | — | Sep 6, 2019 | Common Stock | 20,625 | 4,375 | D |
| Option Right to BuyF5 | $17.97 | Aug 7, 2015 | M | 20,000 | D | — | May 18, 2018 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1These shares of common stock were issued upon exercise of stock options granted to the reporting person on September 6, 2012.
- F2These shares of common stock were issued upon exercise of stock options granted to the reporting person on May 18, 2011.
- F3This transaction was executed in multiple trades ranging from $45.01 to $45.15 The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
- F4This stock option award was granted on September 6, 2012, and is scheduled to vest and became exercisable with respect to 25% of the award on the first anniversary of the date of grant and thereafter with respect to an additional 2.5% of the award each month, with full vesting in 42 months.
- F5This stock option award was granted on May 18, 2011, and vested and became exercisable with respect to 25% of the award on the first anniversary of the date of grant and thereafter with respect to an additional 2.5% of the award each month, with full vesting in 42 months.