SEC Form 4 · accession 0000892917-15-000014
BARRETT BUSINESS SERVICES INC · BBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael L Elich
Officer — President & CEO · Director
Period of report
Jul 1, 2015
Accepted (ET)
Jul 6, 2015 · 4:15 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000902791
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 1, 2015 | M | 5,000 | $0.00 | A | 60,830 | D | |
| Common Stock | Jul 1, 2015 | F | 2,098 | $38.90 | D | 58,732 | D | |
| Common Stock | Jul 1, 2015 | M | 5,000 | $0.00 | A | 63,732 | D | |
| Common Stock | Jul 1, 2015 | F | 2,098 | $38.90 | D | 61,634 | 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 | — | Jul 1, 2015 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 1, 2015 | M | 5,000 | D | — | — | Common Stock | 5,000 | 15,000 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 1, 2015 | M | 5,000 | D | — | — | Common Stock | 5,000 | 10,000 | D |
Explanation of responses
- F1Each Restricted Stock Unit represents a contingent right to receive one share of the Issuer's common stock.
- F2The Restricted Stock Units vest in four equal annual installments beginning on July 1, 2016, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F3The Restricted Stock Units vest in four equal annual installments beginning on July 1, 2015, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F4The Restricted Stock Units vest in four equal annual installments beginning on July 1, 2014, and will be settled by delivery of unrestricted shares of common stock on the vesting date.