SEC Form 4 · accession 0000908834-17-000066
FINISH LINE INC /IN/ · FINL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Imran Jooma
Officer — EVP, Div Pres, Omni Strat
Period of report
Feb 10, 2015
Accepted (ET)
Mar 29, 2017 · 11:13 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 | Feb 10, 2015 | A | 11,531 | $0.00 | A | 11,531 | D | |
| Class A Common StockF2 | Mar 30, 2015 | A | 4,493 | $0.00 | A | 16,024 | D | |
| Class A Common StockF3 | Feb 9, 2016 | F | 1,984 | $17.87 | D | 14,040 | D | |
| Class A Common StockF4 | Feb 29, 2016 | A | 14,971 | $0.00 | A | 29,011 | D | |
| Class A Common StockF5 | Mar 1, 2016 | F | 923 | $18.22 | D | 28,088 | D | |
| Class A Common StockF6 | Mar 28, 2016 | A | 5,363 | $0.00 | A | 33,451 | D | |
| Class A Common StockF7 | Mar 1, 2017 | F | 1,059 | $16.30 | D | 32,392 | D | |
| Class A Common StockF8 | Mar 27, 2017 | A | 20,970 | $0.00 | A | 53,362 | D |
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)F9 | $23.80 | Feb 10, 2015 | A | 80,029 | A | — | Feb 10, 2025 | Class A Common Stock | 80,029 | 80,029 | D |
| Stock Option (Right to Buy)F10 | $24.44 | Mar 30, 2015 | A | 41,781 | A | — | Mar 30, 2025 | Class A Common Stock | 41,781 | 41,781 | D |
| Performance-Based Restricted StockF11 | — | Mar 30, 2015 | A | 6,739 | A | — | Mar 30, 2018 | Class A Common Stock | 6,739 | 6,739 | D |
| Stock Option (Right to Buy)F12 | $20.47 | Mar 28, 2016 | A | 54,790 | A | — | Mar 28, 2026 | Class A Common Stock | 54,790 | 54,790 | D |
| Performance-Based Restricted StockF13 | — | Mar 28, 2016 | A | 8,044 | A | — | Mar 28, 2019 | Class A Common Stock | 8,044 | 8,044 | D |
| Dividend Equivalent RightsF15,F14 | — | Jun 15, 2015 | A | 424 | A | — | — | Class A Common Stock | 452 | 452 | D |
| Performance-Based Restricted StockF16 | — | Mar 27, 2017 | A | 20,970 | A | — | Mar 27, 2020 | Class A Common Stock | 20,970 | 20,970 | D |
Explanation of responses
- F1The reported shares of restricted stock vest on the following schedule: 5,765 (50%) on 2/9/2016; 2,883 (25%) on 3/1/2016; and 2,883 (25%) on 3/1/2017.
- F10The options vest on the following schedule: 4,178 (10%) on 3/30/2016; 8,356 (20%) on 3/30/2017; 12,534 (30%) on 3/30/2018; and 16,713 (40%) on 3/30/2019.
- F11Each 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.
- F12The options vest on the following schedule: 5,479 (10%) on 3/28/2017; 10,958 (20%) on 3/28/2018; 16,437 (30%) on 3/28/2019; and 21,916 (40%) on 3/28/2020.
- F13Each 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.
- F14The 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.
- F15The 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.
- F16Each 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.
- F2All the reported shares of restricted stock cliff vest in full on 3/30/2018.
- F3Withheld for taxes upon the 2/9/2016 vesting of 5,765 shares of restricted stock from a grant on 2/10/2015.
- F4All the reported shares of restricted stock cliff vest in full on 2/28/2019.
- F5Withheld for taxes upon the 3/1/2016 vesting of 2,883 shares of restricted stock from a grant on 2/10/2015.
- F6All the reported shares of restricted stock cliff vest in full on 3/28/2019.
- F7Withheld for taxes upon the 3/1/2017 vesting of 2,883 shares of restricted stock from a grant on 2/10/2015.
- F8The reported shares of restricted stock vest in three equal annual installments on the anniversary of the date of grant, commencing on 3/27/2018.
- F9The options vest in two equal or nearly equal annual installments of 40,014 and 40,015 beginning on 2/9/2016.