SEC Form 4 · accession 0001209191-15-035803
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
Apr 23, 2015
Accepted (ET)
Apr 23, 2015 · 7:00 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 | — | Apr 23, 2015 | A | 17,964 | A | — | — | Common Stock | 17,964 | 17,964 | D |
| Restricted Stock Unit (RSU)F1,F3 | — | Apr 23, 2015 | A | 5,988 | A | — | Apr 23, 2018 | Common Stock | 5,988 | 5,988 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive on vesting one share of the Electronics For Imaging, Inc. (the "Company") common stock.
- F2This is a performance-based award. This award will vest 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 will vest on the date such average of the closing prices equals or exceeds $50; one-third of the award will vest on the date such average of the closing prices equals or exceeds $56; and one-third of the award will vest on the date such average of the closing prices equals or exceeds $62, in each case subject to the reporting person's continued employment with the Company through that date.
- F3This restricted stock unit award will vest with respect to one-third of the award on each of April 23, 2016, April 23, 2017 and April 23, 2018, subject to the reporting person's continued employment with the Company through the applicable vesting date.