SEC Form 4 · accession 0000909108-15-000015
DIAMOND HILL INVESTMENT GROUP INC · DHIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher M Bingaman
Officer — President
Period of report
Feb 23, 2015
Accepted (ET)
Feb 25, 2015 · 2:45 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000909108
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 23, 2015 | M | 4,665 | $0.00 | A | 23,129 | D | |
| Common | holding | — | — | — | 2,680 | I | By 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Restricted Stock UnitF2 | — | Feb 23, 2015 | C | 7,000 | D | — | — | Common | 7,000 | 7,000 | D |
Explanation of responses
- F1Reflects vesting of 7,000 shares of PRSU. Shares totaling 2,335 withheld for payment of taxes, leaving 4,665 shares.
- F2Award of Performance Restricted Stock Units pursuant to the Diamond Hill Investment Group, Inc. 2011 Equity and Cash Incentive Plan. Performance Restricted Stock Units under this award are convertible into shares of common stock upon the completion of the year ending December 31, 2014 and December 31, 2015, based on the attainment by the Company of certain financial performance criteria in the year ending December 31, 2014 and December 31, 2015 and the reporting person's attainment of the restricted period. Performance Restricted Stock Units under this award represent a contingent right to receive one share of Common stock.