SEC Form 4 · accession 0000914329-16-000134
FEI CO · FEIC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley J Thies
Officer — Sr. VP-General Counsel
Period of report
Feb 5, 2016
Accepted (ET)
Feb 8, 2016 · 1:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914329
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 5, 2016 | M | 550 | $67.65 | A | 16,098 | D | |
| Common StockF2 | Feb 5, 2016 | F | 310 | $0.00 | D | 15,788 | 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 RSUsF3,F4,F5 | $0.00 | Feb 5, 2016 | M | 550 | A | Feb 11, 2014 | — | Common Stock | 550 | 0 | D |
Explanation of responses
- F1Shares acquired on the vesting of the Performance-based RSUs.
- F2Shares withheld for payment of tax liability.
- F3Each Performance-based RSU represents the right to receive, following vesting, one share of the Company's common stock. These RSUs are performance-based RSUs that will vest only if the Company achieves certain specified improvements in cash cycle time in 2013 ("Performance Target"). If the Company does not achieve the Performance Target, these RSUs will be forfeited. If the Performance Target is achieved, one-third of these RSUs will vest upon the Company's public announcement of its financial results for 2013, one-third will vest on the one-year anniversary of such date and one-third will vest on the two-year anniversary of such date.
- F4This date represents the estimated vesting date of these RSUs if the Performance Targets are met. Actual vesting date will be on the date of the public release of the Company's 2013 financial results.
- F5These RSUs do not expire. Unless forfeited under the terms of the Performance-based RSUs, these RSUs will vest as previously described.