SEC Form 4 · accession 0001014108-18-000077
LAYNE CHRISTENSEN CO · LAYN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lisa Curtis
Officer — Sr. Vice President and CFO
Period of report
Apr 3, 2018
Accepted (ET)
Apr 5, 2018 · 11:18 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000888504
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 3, 2018 | M | 2,797 | $0.00 | A | 2,797 | D | |
| Common Stock | Apr 3, 2018 | F | 829 | $14.47 | D | 1,968 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 3, 2018 | M | 2,797 | D | — | — | Common Stock | 2,797 | 5,678 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Layne common stock.
- F2The restricted stock units will vest in one-third increments beginning on April 3, 2018 and each anniversary thereafter.