SEC Form 4 · accession 0001209191-15-031756
AMEDISYS INC · AMED
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul B. K. Kusserow
Officer — CEO and President · Director
Period of report
Mar 31, 2015
Accepted (ET)
Apr 2, 2015 · 5:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000896262
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Common StockF1 | holding | — | — | — | 75,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance-Based Restricted SharesF2 | — | Mar 31, 2015 | A | 75,000 | A | — | — | Common Stock | — | 75,000 | D |
Explanation of responses
- F1The shares reported are subject to service-based vesting conditions as follows: 25% of the total shares awarded will vest on December 16, 2015, 25% of the total shares awarded will vest on December 16, 2016, 25% of the total shares awarded will vest on December 16, 2017 and and 25% of the total shares awarded will vest on December 16, 2018, provided that the Reporting Person remains continuously employed by the Issuer through each such date.
- F2Each performance-based restricted share represents a contingent right to receive one share of of unrestricted common stock. The performance-based restricted shares shall vest, if at all, based on the certification by the Comensation Committee of the Issuer's Board of Directors of the achievement of identified performance goals for fiscal years 2015 through 2018, respectively (subject to certain pro-rated vesting provisions as provided in the award agreement for the performance-based restricted shares). The number of performance-based restricted shares listed in Table II, Column 5 represents the maximum number of shares of unrestricted common stock the Reporting Person would receive based on the satisfaction of all of the pre-determined performance goals.