SEC Form 4 · accession 0000908834-17-000060
FINISH LINE INC /IN/ · FINL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melissa A. Greenwell
Officer — EVP, COO
Period of report
Jun 11, 2013
Accepted (ET)
Mar 29, 2017 · 11:07 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886137
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF1 | Jun 11, 2013 | A | 1,017 | $0.00 | A | 11,862 | D | |
| Class A Common Stock | Jul 15, 2013 | M | 7,525 | $6.29 | A | 19,387 | D | |
| Class A Common Stock | Jul 15, 2013 | S | 7,525 | $22.71 | D | 11,862 | D | |
| Class A Common StockF2 | Aug 13, 2013 | A | 91 | $0.00 | A | 11,953 | D | |
| Class A Common StockF3 | Apr 1, 2014 | A | 2,642 | $0.00 | A | 14,595 | D | |
| Class A Common StockF4 | Apr 1, 2014 | A | 5,000 | $0.00 | A | 19,595 | D | |
| Class A Common StockF5 | Apr 27, 2014 | F | 711 | $26.68 | D | 18,884 | D | |
| Class A Common StockF6 | Mar 30, 2015 | A | 2,537 | $0.00 | A | 21,421 | D | |
| Class A Common StockF7 | Apr 2, 2015 | F | 814 | $24.81 | D | 20,607 | D | |
| Class A Common StockF8 | Feb 29, 2016 | A | 9,817 | $0.00 | A | 30,424 | D | |
| Class A Common StockF9 | Mar 28, 2016 | A | 4,396 | $0.00 | A | 34,820 | D | |
| Class A Common StockF10 | Apr 1, 2016 | F | 876 | $20.65 | D | 33,944 | D | |
| Class A Common StockF11 | Jun 11, 2016 | F | 329 | $17.33 | D | 33,615 | D | |
| Class A Common Stock | Jul 29, 2016 | M | 4,077 | $13.10 | A | 37,692 | D | |
| Class A Common Stock | Jul 29, 2016 | S | 4,077 | $21.67 | D | 33,615 | D | |
| Class A Common StockF12 | Aug 13, 2016 | F | 29 | $22.18 | D | 33,586 | D | |
| Class A Common StockF13 | Mar 1, 2017 | F | 1,767 | $16.30 | D | 31,819 | D | |
| Class A Common StockF14 | Mar 27, 2017 | A | 17,189 | $0.00 | A | 49,008 | D | |
| Class A Common StockF15 | holding | — | — | — | 717 | I | By Employee Stock Purchase Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F16 | $21.23 | Jun 11, 2013 | A | 3,653 | A | — | Jun 11, 2023 | Class A Common Stock | 3,653 | 3,653 | D |
| Stock Option (Right to Buy)F17 | $6.29 | Jul 15, 2013 | M | 7,525 | D | — | Mar 26, 2019 | Class A Common Stock | 7,525 | 0 | D |
| Stock Option (Right to Buy)F18 | $21.94 | Aug 13, 2013 | A | 328 | A | — | Aug 13, 2023 | Class A Common Stock | 328 | 328 | D |
| Stock Option (Right to Buy)F19 | $27.25 | Apr 1, 2014 | A | 18,171 | A | — | Apr 1, 2024 | Class A Common Stock | 18,171 | 18,171 | D |
| Stock Option (Right to Buy)F20 | $27.25 | Apr 1, 2014 | A | 3,000 | A | — | Apr 1, 2024 | Class A Common Stock | 3,000 | 3,000 | D |
| Performance-Based Restricted StockF21 | — | Apr 1, 2014 | A | 3,412 | A | — | Apr 1, 2017 | Class A Common Stock | 3,412 | 3,412 | D |
| Stock Option (Right to Buy)F22 | $24.44 | Mar 30, 2015 | A | 23,592 | A | — | Mar 30, 2025 | Class A Common Stock | 23,592 | 23,592 | D |
| Performance-Based Restricted StockF23 | — | Mar 30, 2015 | A | 3,805 | A | — | Mar 30, 2018 | Class A Common Stock | 3,805 | 3,805 | D |
| Performance-Based Restricted StockF24 | — | Mar 30, 2015 | A | 1,023 | A | — | Feb 27, 2016 | Class A Common Stock | 1,023 | 1,023 | D |
| Performance-Based Restricted StockF24 | — | Feb 27, 2016 | D | 1,023 | D | — | Feb 27, 2016 | Class A Common Stock | 1,023 | 0 | D |
| Stock Option (Right to Buy)F25 | $18.33 | Feb 29, 2016 | A | 60,674 | A | — | Feb 28, 2026 | Class A Common Stock | 60,674 | 60,674 | D |
| Stock Option (Right to Buy)F26 | $20.47 | Mar 28, 2016 | A | 44,910 | A | — | Mar 28, 2026 | Class A Common Stock | 44,910 | 44,910 | D |
| Performance-Based Restricted StockF27 | — | Mar 28, 2016 | A | 6,593 | A | — | Mar 28, 2019 | Class A Common Stock | 6,593 | 6,593 | D |
| Stock Option (Right to Buy)F28 | $13.10 | Jul 29, 2016 | M | 4,077 | D | — | Mar 11, 2020 | Class A Common Stock | 4,077 | 0 | D |
| Dividend Equivalent RightsF30,F31,F29 | — | Jun 16, 2014 | A | 456 | A | — | — | Class A Common Stock | 456 | 456 | D |
| Performance-Based Restricted StockF32 | — | Mar 27, 2017 | A | 17,189 | A | — | Mar 27, 2020 | Class A Common Stock | 17,189 | 17,189 | D |
Explanation of responses
- F1All the reported shares of restricted stock cliff-vest in full on 6/11/2016.
- F10Withheld for the satisfaction of tax liabilities incurred upon the vesting of 2,784 shares of restricted stock.
- F11Withheld for the satisfaction of tax liabilities incurred upon the vesting of 1,017 shares of restricted stock.
- F12Withheld for the satisfaction of tax liabilities incurred upon the vesting of 91 shares of restricted stock.
- F13Withheld for the satisfaction of tax liabilities incurred upon the vesting of 4,909 shares of restricted stock.
- F14The reported shares of restricted stock vest in three equal annual installments on the anniversary of the date of grant, commencing on 3/27/2018.
- F15Updated to include shares allocated to the reporting person's account since the date of the reporting person's last ownership report.
- F16The options vest on the following schedule: 365 (10%) on 6/11/2014; 730 (20%) on 6/11/2015; 1,096 (30%) on 6/11/2016; and 1,462 (40%) on 6/11/2017.
- F17The options vested over 4 years, on the anniversary of the date of grant commencing on 3/26/2010, on a schedule of 10%, 20%, 30% and 40% at each respective anniversary.
- F18The options vest on the following schedule: 32 (10%) on 8/13/2014; 66 (20%) on 8/13/2015; 98 (30%) on 8/13/2016; and 132 (40%) on 8/13/2017.
- F19The options vest on the following schedule: 1,817 (10%) on 4/1/2015; 3,634 (20%) on 4/1/2016; 5,451 (30%) on 4/1/2017; and 7,269 (40%) on 4/1/2018.
- F2All the reported shares of restricted stock cliff-vest in full on 8/13/2016.
- F20The options vest on the following schedule: 300 (10%) on 4/1/2015; 600 (20%) on 4/1/2016; 900 (30%) on 4/1/2017; and 1,200 (40%) on 4/1/2018.
- F21Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s net income, measured over a performance period including fiscal years 2015, 2016 and 2017. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- F22The options vest on the following schedule: 2,359 (10%) on 3/30/2016; 4,718 (20%) on 3/30/2017; 7,078 (30%) on 3/30/2018; and 9,437 (40%) on 3/30/2019.
- F23Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s earnings per share, measured over a performance period including fiscal years 2016, 2017 and 2018. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- F24Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the growth of The Finish Line, Inc.'s adjusted operating income, measured over a performance period including fiscal years 2015 and 2016. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- F25The options vest on the following schedule: 30,337 on 3/1/2017; and 30,337 on 3/1/2018.
- F26The options vest on the following schedule: 4,491 (10%) on 3/28/2017; 8,982 (20%) on 3/28/2018; 13,473 (30%) on 3/28/2019; and 17,964 (40%) on 3/28/2020.
- F27Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s earnings per share, measured over a performance period including fiscal years 2017, 2018 and 2019. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- F28The total grant of 4,530 options vested over 4 years on the following schedule: 453 (10%) on 3/11/2011; 906 (20%) on 3/11/2012; 1,359 (30%) on 3/11/2013; and 1,812 (40%) on 3/11/2014.
- F29The reported dividend equivalent rights accrued on the reporting person's performance-based restricted stock and will become vested proportionately with the performance-based restricted stock to which they relate. Each dividend equivalent right is the economic equivalent of one share of Class A Common Stock.
- F3All the reported shares of restricted stock cliff-vest in full on 4/1/2017.
- F30The reported dividend equivalent rights reflect the aggregate accruals for quarterly dividends paid by The Finish Line, Inc. from the initial grant date for the performance-based restricted stock to which the dividend equivalent rights relate up to the date of this ownership report.
- F31The reported amount does not include 18 dividend equivalent rights that were not earned and were forfeited.
- F32Each share of performance-based restricted stock represents a contingent right to receive one share of Class A Common Stock. The shares of performance-based restricted stock vest upon achieving certain performance goals relating to the compound annual growth rate of The Finish Line, Inc.'s earnings per share and to consolidated enterprise sales growth, measured over a performance period including fiscal years 2018, 2019 and 2020. Dividend equivalent rights accrue with respect to these shares of performance-based restricted stock when and as dividends are paid on Class A Common Stock.
- F4All the reported shares of restricted stock cliff-vest in full on 4/1/2017.
- F5Withheld for the satisfaction of tax liabilities incurred upon the vesting of 2,197 shares of restricted stock.
- F6All the reported shares of restricted stock cliff-vest in full on 3/30/2018.
- F7Withheld for the satisfaction of tax liabilities incurred upon the vesting of 2,587 shares of restricted stock.
- F8The reported shares of restricted stock vest on the following schedule: 4,909 on 3/1/2017; and 4,908 on 3/1/2018.
- F9All the reported shares of restricted stock cliff-vest in full on 3/28/2019.