SEC Form 4 · accession 0000921895-15-000475
SL INDUSTRIES INC · SLI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Louis J Belardi
Officer — CFO, Secretary and Treasurer
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 4:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000089270
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2,F3 | — | Feb 13, 2015 | A | 1,966 | A | — | — | Common Stock | 1,966 | 1,966 | D |
Explanation of responses
- F1Acquired pursuant to the Issuer's 2008 Incentive Stock Plan.
- F2Each restricted stock unit represents a contingent right to receive one share of SLI common stock.
- F3The restricted stock units, or a portion thereof, vest upon the satisfaction of specified performance targets, to be determined by March 15, 2018, based upon the audited financial statements for 2015 through 2017, subject to the conditions and requirements in the restricted stock unit grant letter.