SEC Form 4 · accession 0001209191-16-119131
SERVICE CORP INTERNATIONAL · SCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory T Sangalis
Officer — Sr. V.P. and General Counsel
Period of report
May 11, 2016
Accepted (ET)
May 11, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089089
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1,F2 | $22.28 | May 11, 2016 | A | 97,000 | A | Feb 9, 2017 | Feb 9, 2024 | Common Stock | 97,000 | 97,000 | D |
Explanation of responses
- F1The option grant was approved by the Compensation Committee of the SCI Board of Directors on February 9, 2016, subject to shareholder approval of the 2016 Equity Incentive Plan under which the option was granted. SCI's shareholders approved the 2016 Equity Incentive Plan on May 11, 2016.
- F2The option vests in three equal annual installments beginning on February 9, 2017.