SEC Form 4 · accession 0001144204-16-111854
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, 2016
Accepted (ET)
Jul 6, 2016 · 9:46 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, 2016 | M | 5,000 | $0.00 | A | 68,810 | D | |
| Common Stock | Jul 1, 2016 | F | 1,367 | $39.80 | D | 67,443 | D | |
| Common Stock | Jul 1, 2016 | M | 5,000 | $0.00 | A | 72,443 | D | |
| Common Stock | Jul 1, 2016 | F | 1,367 | $39.80 | D | 71,076 | D | |
| Common Stock | Jul 1, 2016 | M | 5,000 | $0.00 | A | 76,076 | D | |
| Common Stock | Jul 1, 2016 | F | 1,367 | $39.80 | D | 74,709 | D | |
| Common Stock | Jul 5, 2016 | M | 3,750 | $0.00 | A | 78,459 | D | |
| Common Stock | Jul 5, 2016 | F | 1,026 | $39.25 | D | 77,433 | 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, 2016 | A | 40,000 | A | — | — | Common Stock | 40,000 | 40,000 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 1, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 15,000 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 1, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 10,000 | D |
| Restricted Stock UnitsF1,F5 | — | Jul 1, 2016 | M | 5,000 | D | — | — | Common Stock | 5,000 | 5,000 | D |
| Restricted Stock UnitsF1,F6 | — | Jul 5, 2016 | M | 3,750 | D | — | — | Common Stock | 3,750 | 0 | 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 July 1, 2017, 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 July 1, 2016, 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 July 1, 2015, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F5The Restricted Stock Units vest in four equal annual installments beginning July 1, 2014, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F6The Restricted Stock Units vested in four equal annual installments beginning July 2, 2013.