SEC Form 4 · accession 0000769993-16-001108
GOLDMAN SACHS GROUP INC · GS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael S Sherwood
Officer — Vice Chairman
Period of report
Jan 21, 2016
Accepted (ET)
Jan 22, 2016 · 2:13 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000886982
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-End Restricted Stock UnitsF1 | — | Jan 21, 2016 | A | 52,754 | A | — | — | Common Stock, par value $0.01 per share | 52,754 | 52,754 | D |
| Fixed Allowance Restricted Stock UnitsF2 | — | Jan 21, 2016 | A | 35,642 | A | — | — | Common Stock, par value $0.01 per share | 35,642 | 88,396 | D |
Explanation of responses
- F1Shares of the Issuer's common stock underlying these 2015 year-end Restricted Stock Units ("RSUs") will be delivered in three approximately equal installments on or about each of the first, second and third anniversaries of the grant date, subject to other terms and conditions of the award agreement. The shares of common stock delivered pursuant to these RSUs generally cannot be sold or transferred before January 2021.
- F2These RSUs represent approximately 48% of the Reporting Person's fixed allowance for 2015, with the remainder being paid in cash. The shares of common stock underlying these RSUs will be delivered on the same schedule and have the same transfer restrictions as the equity described in footnote (1).