SEC Form 4 · accession 0000909108-16-000151
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
Apr 1, 2016
Accepted (ET)
Apr 4, 2016 · 4:08 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 |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Apr 1, 2016 | M | 3,000 | $0.00 | A | 6,313 | D | |
| CommonF2 | Apr 1, 2016 | F | 1,001 | $174.00 | D | 5,312 | 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,F3 | — | Apr 1, 2016 | C | 3,000 | D | — | — | Common | 3,000 | 9,000 | D |
Explanation of responses
- F1Reflects vesting of 3,000 shares of RSU.
- F2Represents shares withheld to pay taxes associated with restricted stock that vested on April 1, 2016.
- F3Remaining Restricted Stock Units ("RSUs") under this award are convertible into 3,000 shares of common stock vesting upon the completion of each of the 3 years ending April 1, 2017 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 once share of Common Stock.