SEC Form 4 · accession 0001562180-18-003221
BARRETT BUSINESS SERVICES INC · BBSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Kramer
Officer — VP - Finance, Treas. & Sec.
Period of report
Jul 1, 2018
Accepted (ET)
Jul 3, 2018 · 8:32 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 | 1,702 | $0.00 | A | 6,090 | D | |
| Common Stock | Jul 2, 2018 | F | 670 | $96.05 | D | 5,420 | 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 | 47 | A | — | — | Common Stock | 47 | 47 | 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 | 1,702 | D | — | — | Common Stock | 1,702 | 5,105 | 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.