SEC Form 4 · accession 0000909108-16-000135
DIAMOND HILL INVESTMENT GROUP INC · DHIL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Edward Line
Officer — Chief Financial Officer
Period of report
Mar 11, 2016
Accepted (ET)
Mar 15, 2016 · 4:13 pm EDT
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 |
|---|---|---|---|---|---|---|---|---|
| Common | Mar 11, 2016 | S | 450 | $180.00 | D | 3,313 | D | |
| Common | holding | — | — | — | 312 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | — | holding | — | — | — | — | — | Common | 12,000 | 12,000 | D |
Explanation of responses
- F1Remaining Restricted Stock Units ("RSUs") under this award are convertible into 3,000 shares of common stock vesting upon the completion of each of the 4 years ending April 1, 2016 through April 1, 2019, subject to the requirement of continuous service through the applicable vesting dates. After vesting, each RSU is then further restricted from sale for a five year period. RSUs under this award represent a contingent right to receive one share of Common Stock.