SEC Form 4 · accession 0001225208-15-003178
UPBOUND GROUP, INC. · UPBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher A Korst
Officer — EVP - Chief Admin. Officer
Period of report
Feb 6, 2015
Accepted (ET)
Feb 9, 2015 · 10:42 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933036
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 6, 2015 | A | 2,424 | $0.00 | A | 17,153 | D | |
| Common | holding | — | — | — | 1,161 | I | By 401k |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Purchase)F2 | $29.31 | Feb 6, 2015 | A | 7,721 | A | Feb 6, 2016 | Feb 6, 2025 | Common | 7,721 | 7,721 | D |
Explanation of responses
- F1Represents restricted stock units which vest upon completion of three years of continuous employment with the issuer from January 31, 2015.
- F2Options vest ratably over 4 years beginning on the first anniversary of the date of grant and becoming fully exercisable on the 4th anniversary of the date of grant (25% of the total number of shares granted vesting on each such anniversary date). Options expire 10 years from the date of grant.