SEC Form 4 · accession 0001214659-17-001386
UFP INDUSTRIES INC · UFPI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A. Tutas
Officer — VP Legal, Gen Csl, Secty
Period of report
Feb 23, 2017
Accepted (ET)
Feb 27, 2017 · 10:55 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912767
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 23, 2017 | A | 369 | $96.09 | A | 619 | D | |
| Common StockF2 | Feb 23, 2017 | A | 359 | $96.09 | A | 2,834 | I | Def Comp Interest |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF3,F4 | — | Feb 23, 2017 | A | 394 | A | — | — | Common Stock | 394 | 4,004 | D |
Explanation of responses
- F1Shares are subject to time-based cliff vesting on the fifth (5th) anniversary of the award date.
- F2Represents grant of shares of restricted stock. The shares vest on the fifth anniversary of the grant date, subject to earlier vesting upon death, disability or retirement.
- F31-for-1
- F4The phantom stock units were accrued under the Company's Deferred Compensation Plan and are payable in shares of the Company's common stock until the reporting person's death, disability or retirement.