SEC Form 4 · accession 0001225208-17-012320
UPBOUND GROUP, INC. · UPBD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joel M Mussat
Officer — EVP - Chief Operating Officer
Period of report
Jul 3, 2017
Accepted (ET)
Jul 6, 2017 · 10:18 am EDT
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 | Jul 3, 2017 | A | 7,500 | $0.00 | A | 7,500 | D | |
| CommonF2 | Jul 3, 2017 | A | 4,480 | $0.00 | A | 11,980 | D |
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)F3 | $11.72 | Jul 3, 2017 | A | 4,480 | A | Jul 3, 2018 | Jul 3, 2027 | Common | 4,480 | 4,480 | D |
Explanation of responses
- F1Represents restricted stock units which vest on July 3, 2018.
- F2Represents restricted stock units which vest on February 16, 2020.
- F3Options 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.