SEC Form 4 · accession 0000920371-16-000191
Simpson Manufacturing Co., Inc. · SSD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Dankel
Officer — President, Simpson Strong-Tie
Period of report
Feb 1, 2016
Accepted (ET)
Feb 2, 2016 · 2:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920371
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock (RSUs awarded February 1, 2016)F1 | Feb 1, 2016 | A | 4,974 | $32.63 | A | 4,974 | D | |
| Common Stock (PRSUs awarded February 1, 2016)F2 | Feb 1, 2016 | A | 6,126 | $32.63 | A | 6,126 | D | |
| Common Stock (RSUs awarded February 2, 2015)F3 | holding | — | — | — | 2,164 | D | ||
| Common Stock (RSUs awarded February 3, 2014)F4 | holding | — | — | — | 776 | D | ||
| Common Stock (RSUs awarded February 6, 2013)F5 | holding | — | — | — | 776 | D | ||
| Common Stock (RSUs awarded January 30, 2012) | holding | — | — | — | 782 | D | ||
| Common Stock | holding | — | — | — | 60 | D | ||
| Common StockF6 | holding | — | — | — | 1,983 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options on Common StockF7 | $29.66 | holding | — | — | — | Mar 3, 2011 | Feb 3, 2018 | Options on Common Stock | 4,000 | 4,000 | D |
Explanation of responses
- F1Amount includes 4,974 shares of restricted stock units (RSUs) awarded on February 1, 2016. RSUs vest one fourth on each of the award date and the first, second and third anniversaries of the award date. The 4,974 shares are net of the number of shares expected to be withheld to cover the estimated income taxes due on vesting.
- F2Amount includes 6,126 shares of restricted stock units (RSUs) awarded on February 1, 2016. RSUs vest fully on the third anniversary of the award date subject to the Company's relative performance versus the S&P Smallcap 600 Index. The 6,126 shares assume that the maximum number of shares will vest, based on performance at the highest level, and are net of the number of shares expected to be withheld to cover the estimated income taxes due on vesting.
- F3Amount includes 2,164 shares of restricted stock units (RSUs) awarded on February 2, 2015. RSUs vest one fourth on each of the award date and the first, second and third anniversaries of the award date. The 2,164 shares are net of the number of shares expected to be withheld to cover the estimated income taxes due on vesting.
- F4Amount includes 776 shares of restricted stock units (RSUs) awarded on February 3, 2014. RSUs vest one fourth on each of the award date and the first, second and third anniversaries of the award date. The 776 shares are net of the number of shares expected to be withheld to cover the estimated income taxes due on vesting.
- F5Amount includes 776 shares of restricted stock units (RSUs) awarded on February 6, 2013. RSUs vest one fourth on each of the award date and the first, second and third anniversaries of the award date. The 776 shares are net of the number of shares expected to be withheld to cover the estimated income taxes due on vesting.
- F6The shares are owned by the Simpson Manuafacturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan") of which the reporting person is a participant. The Plan qualifies under sections 401(a)(26) and 410 of the Internal Revenue Code.
- F7This date represents the date of the first monthly vesting period. This option vests equally over 48 months beginning with the date of grant.