SEC Form 4 · accession 0000899243-16-035307

· STRZ

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Emily Fine

Director

Period of report

Dec 8, 2016

Accepted (ET)

Dec 12, 2016 · 4:56 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000929351

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Shares^F1	Dec 8, 2016	J	2,127	—	D	0	D
Class A Voting Shares^F1	Dec 8, 2016	J	1,064	—	A	1,064	D
Class B Non-voting Shares^F1	Dec 8, 2016	J	1,064	—	A	1,064	D
Common Shares^F1,F3	Dec 8, 2016	J	2,443	—	D	0	D
Class A Voting Shares^F2,F1,F4	Dec 8, 2016	J	1,221	—	A	1,221	D
Class B Non-Voting Shares^F2,F1,F5	Dec 8, 2016	J	1,221	—	A	1,221	D

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Pursuant to a reclassification exempt under Rule 16b-7, each common share, no par value (the "Common Shares"), was reclassified (the "Reclassification") into 0.5 Class A voting share, no par value (the "Class A Voting Shares"), and 0.5 Class B non-voting share, no par value (the "Class B Non-Voting Shares"). Restricted share units granted prior to the Reclassification were equitably adjusted in connection with the Reclassification.
F2Upon the completion of the Reclassification, each restricted share unit award was adjusted to cover (a) a number of Class A Voting Shares equal to the number of Common Shares subject to the restricted share unit award immediately prior to the Reclassification, multiplied by 0.5, rounded down to the nearest whole share and (b) a number of Class B Non-Voting Shares equal to the number of Common Shares subject to the restricted share unit award immediately prior to the Reclassification, multiplied by 0.5, rounded down to the nearest whole share. Fractional Class A Voting Shares and Class B Non-Voting Shares resulting from the adjustment were cancelled in exchange for a cash payment equal to the closing trading price of the Class A Voting Shares or Class B Non-Voting Shares, as applicable, on December 9, 2016, multiplied by the fraction cancelled.
F3These were restricted share units granted by the Issuer, payable upon vesting in an equal number of Common Shares, which were scheduled to vest in three equal annual installments beginning on September 13, 2017.
F4These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Class A Voting Shares, which are scheduled to vest in three equal annual installments beginning on September 13, 2017.
F5These are restricted share units granted by the Issuer, payable upon vesting in an equal number of Class B Non-Voting Shares, which are scheduled to vest in three equal annual installments beginning on September 13, 2017.