SEC Form 4 · accession 0000899243-16-014625
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
Feb 26, 2016
Accepted (ET)
Feb 26, 2016 · 8:01 pm EST
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 UnitF1,F2,F3 | — | Feb 26, 2016 | A | 5,724 | A | — | — | Common Stock | 5,724 | 5,724 | D |
| RSUF1,F4,F3 | — | Feb 26, 2016 | A | 5,724 | A | — | — | Common Stock | 5,724 | 5,724 | D |
| RSUF1,F5,F3 | — | Feb 26, 2016 | A | 1,080 | A | — | — | Common Stock | 1,080 | 1,080 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the common stock Electronics For Imaging, Inc. (the "Company").
- F2This is a performance-based award granted on February 26, 2016. This RSU award will vest, if and to the extent that the Company achieves specified revenue goals for the year ending December 31, 2016, on the later of February 26, 2017 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, 2016. Vesting of the award is subject to the reporting person's continued employment with the Company through the vesting date.
- F3This award will expire on the later of February 26, 2017 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, 2016.
- F4This is a performance-based award granted on February 26, 2016. 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, 2016, on the later of February 26, 2017 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, 2016. Vesting of the award is subject to the reporting person's continued employment with the Company through the vesting date.
- F5This is a performance-based award granted on February 26, 2016. This RSU award will vest, if and to the extent that the Company achieves cash from operation as specified percentages of non-GAAP net income for the year ending December 31, 2016, on the later of February 26, 2017 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, 2016. Vesting of the award is subject to the reporting person's continued employment with the Company through the vesting date.