SEC Form 4 · accession 0001341522-15-000059
Pursuit Attractions & Hospitality, Inc. · PRSU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Kuczynski
Officer — Chief Corp Dev & Strat Officer
Period of report
May 5, 2015
Accepted (ET)
May 7, 2015 · 6:39 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000884219
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 5, 2015 | M | 666 | $16.619 | A | 23,815 | D | |
| Common Stock | May 5, 2015 | M | 10,902 | $16.619 | A | 34,717 | D | |
| Common Stock | May 5, 2015 | S | 11,568 | $26.556 | D | 23,149 | D | |
| Common Stock | holding | — | — | — | 3,359 | I | by 401K Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1,F2 | $16.619 | May 5, 2015 | M | 10,902 | D | — | Feb 24, 2020 | Common Stock | 10,902 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1,F2 | $16.619 | May 5, 2015 | M | 666 | D | — | Feb 24, 2020 | Common Stock | 666 | 0 | D |
Explanation of responses
- F1Pursuant to the mandatory provisions of the 2007 Viad Corp Omnibus Incentive Plan and the reporting person's stock option agreements executed thereunder, the Viad Corp Human Resources Committee approved equitable adjustments to the reporting person's option awards as a result of special dividends paid on November 14, 2013 and February 14, 2014. Under the equitable adjustments, the number of securities underlying the reporting person's outstanding options was increased and the option exercise price for such options was decreased.
- F2The 10-year option vested in 3 equal annual installments beginning on February 24, 2011, which was the first anniversary of the grant date.