SEC Form 4 · accession 0000899243-15-004521
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
Sep 4, 2015
Accepted (ET)
Sep 4, 2015 · 9:01 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 | — | Sep 4, 2015 | M | 37,300 | A | — | Sep 4, 2018 | Common Stock | 37,300 | 37,300 | D |
| Restricted Stock Unit (RSU)F1,F3 | — | Sep 4, 2015 | M | 79,262 | A | — | — | Common Stock | 79,262 | 79,262 | 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 restricted stock unit award will vest with respect to one-third of the award on each of September 4, 2016, September 4, 2017 and September 4, 2018, subject to the reporting person's continued employment with the Company through the applicable vesting date.
- F3This is a performance-based award. The award will vest with respect to one-third of the award upon achievement of specified revenue targets, including specified organic growth targets as compared to the preceding four-quarter period, and specified non-GAAP operating margin targets within four consecutive quarters ending no later than the Company's fourth fiscal quarter of 2016, fourth fiscal quarter of 2017 and fourth fiscal quarter of 2018, respectively. In each case, vesting of the award is subject to the reporting person's continued employment with the Company through the applicable vesting date. In the event the performance targets are not achieved for the applicable performance period, the award tranche related to that period will not vest.