SEC Form 4 · accession 0000899243-15-009411
ELECTRONICS FOR IMAGING INC · EFII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc D Olin
Officer — Chief Financial Officer
Period of report
Dec 4, 2015
Accepted (ET)
Dec 7, 2015 · 6:31 pm EST
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 | Dec 4, 2015 | M | 2,582 | — | A | 70,891 | D | |
| Common StockF2 | Dec 4, 2015 | F | 1,242 | $48.53 | D | 69,649 | 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 | — | Dec 4, 2015 | M | 2,582 | D | — | — | Common Stock | 2,582 | 5,163 | 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 Company 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 restricted stock unit award was granted on January 16, 2014 and vests based on the average of the per-share closing prices of the Company's common stock over a period of 90 consecutive trading days. One-third of the award vested on the date such average of the closing prices equaled or exceeded $46; one-third of the award will vest on the date such average of the closing prices equals or exceeds $53; and one-third of the award will vest on the date such average of the closing prices equals or exceeds $60, in each case subject to the reporting person's continued employment with the Company through that date.