SEC Form 4 · accession 0001209191-16-134259
3D SYSTEMS CORP · DDD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin McAlea
Officer — EVP-COO, Healthcare
Period of report
Jul 26, 2016
Accepted (ET)
Jul 28, 2016 · 4:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910638
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jul 26, 2016 | A | 50,000 | $0.00 | A | 305,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance Based Restricted StockF2 | — | Jul 26, 2016 | A | 20,000 | A | — | — | Common Stock | 20,000 | 20,000 | D |
| Performance Based Restricted StockF3 | — | Jul 26, 2016 | A | 20,000 | A | — | — | Common Stock | 20,000 | 40,000 | D |
| Performance Based Stock Options (Right to Buy)F4 | $13.25 | Jul 26, 2016 | A | 80,000 | A | — | Jul 26, 2026 | Common Stock | 80,000 | 80,000 | D |
| Performance Based Stock Options (Right to Buy)F5 | $13.25 | Jul 26, 2016 | A | 80,000 | A | — | Jul 26, 2026 | Common Stock | 80,000 | 160,000 | D |
Explanation of responses
- F1The Reporting Person has been awarded 50,000 shares of restricted stock under the Issuer's 2015 Incentive Plan. One-third of the total shares awarded vest on July 26, 2017, an additional one-third of the total shares awarded vest on July 26, 2018, and the remaining shares awarded vest on July 26, 2019.
- F2The Reporting Person has been awarded 20,000 shares of restricted stock under the Issuer's 2015 Incentive Plan. These shares of restricted stock vest, if at all, on the later date that is six months after the date of grant and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $30.
- F3The Reporting Person has been awarded 20,000 shares of restricted stock under the Issuer's 2015 Incentive Plan. These shares of restricted stock vest, if at all, on the later date that is six months after the date of grant and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $40.
- F4The Reporting Person has been awarded 80,000 options under the Issuer's 2015 Incentive Plan. These options to purchase the shares of common stock at an exercise price equal to the closing price of the common stock on July 26, 2016 are exercisable, if at all, on the later of the date that is six months after the date of grant and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $30.
- F5The Reporting Person has been awarded 80,000 options under the Issuer's 2015 Incentive Plan. These options to purchase the shares of common stock at an exercise price equal to the closing price of the common stock on July 26, 2016 are exercisable, if at all, on the later of the date that is six months after the date of grant and the date that the closing price of a share of the common stock on each of the trading days during the immediately prior ninety consecutive calendar days is at least $40.