SEC Form 4 · accession 0000912833-15-000055
WEST MARINE INC · WMAR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Rutenis
Officer — EVP - Merchandising
Period of report
Sep 15, 2015
Accepted (ET)
Sep 16, 2015 · 6:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912833
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | Sep 15, 2015 | A | 22,000 | $0.00 | A | 22,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This award of restricted stock units vest in three annual installments of 33%, 33% and 34% on September 15, 2016, 2017 and 2018, respectively.
- F2This award of restricted stock units was issued pursuant to the terms of the West Marine, Inc. Omnibus Equity Incentive Plan and the issuer's Equity Award Grant Policy. Each restricted stock unit represents a contingent right to receive one share of common stock upon vesting.