SEC Form 4 · accession 0001209191-15-010662
GENERAL CABLE CORP /DE/ · BGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory J. Lampert
Officer — EVP, Pres. & CEO, Americas
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 11:58 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886035
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2015 | A | 36,170 | $0.00 | A | 122,043 | D | |
| Common StockF2 | holding | — | — | — | 39,031 | I | GCC Trusts |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Each restricted stock unit granted on February 5, 2015 represents a right to receive one share of common stock and will vest one-third each year beginning December 31, 2015; the vesting is contingent upon certification by the Compensation Committee of the issuer that the applicable performance condition has been achieved. The performance condition operates on a rolling basis with a catch-up feature for each vesting tranche. Vested shares will be delivered to the reporting person within 90 days after the vesting date.
- F2These shares are held in the General Cable Retirement Savings Plan as share equivalents and are valued at the market close price on February 5, 2015.
Remarks
The filing of this Statement shall not be construed as an admission (a) that the person filing this Statement is, for the purposes of Section 16 of the Securities Exchange Act of 1934, as amended, the beneficial owner of any equity securities covered by this Statement, or (b) that this Statement is legally required to be filed by such person.