SEC Form 4 · accession 0001562180-18-003216
BARRETT BUSINESS SERVICES INC · BBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald Blotz
Officer — VP & COO - Field Operations
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 8:30 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, 2018 | M | 2,127 | $0.00 | A | 16,759 | D | |
| Common Stock | Jul 1, 2018 | M | 3,750 | $0.00 | A | 20,509 | D | |
| Common Stock | Jul 1, 2018 | M | 2,500 | $0.00 | A | 23,009 | D | |
| Common Stock | Jul 1, 2018 | M | 2,500 | $0.00 | A | 25,509 | D | |
| Common Stock | Jul 2, 2018 | F | 1,055 | $96.05 | D | 24,454 | D | |
| Common Stock | Jul 2, 2018 | F | 1,860 | $96.05 | D | 22,594 | D | |
| Common Stock | Jul 2, 2018 | F | 1,240 | $96.05 | D | 21,354 | D | |
| Common Stock | Jul 2, 2018 | F | 1,240 | $96.05 | D | 20,114 | 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, 2018 | A | 45 | A | — | — | Common Stock | 45 | 45 | D |
| Restricted Stock UnitsF1,F3 | — | Jul 1, 2018 | A | 5,048 | A | — | — | Common Stock | 5,048 | 5,048 | D |
| Restricted Stock UnitsF1,F4 | — | Jul 1, 2018 | M | 2,127 | D | — | — | Common Stock | 2,127 | 6,382 | D |
| Restricted Stock UnitsF1,F5 | — | Jul 1, 2018 | M | 3,750 | D | — | — | Common Stock | 3,750 | 7,500 | D |
| Restricted Stock UnitsF1,F6 | — | Jul 1, 2018 | M | 2,500 | D | — | — | Common Stock | 2,500 | 2,500 | D |
| Restricted Stock UnitsF1,F7 | — | Jul 1, 2018 | M | 2,500 | D | — | — | Common Stock | 2,500 | 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 one installment July 1, 2023, 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, 2019, 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, 2018, 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, 2017, and will be settled by delivery of unrestricted shares of common stock on the vesting date.
- F6The 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.
- F7The 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.