SEC Form 4 · accession 0001209191-15-078961
Azenta, Inc. · AZTA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lindon G Robertson
Officer — EVP & Chief Financial Officer
Period of report
Nov 4, 2015
Accepted (ET)
Nov 6, 2015 · 5:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000933974
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 4, 2015 | A | 70,000 | $0.00 | A | 264,923 | D | |
| Common StockF2 | Nov 5, 2015 | F | 2,038 | $11.49 | D | 262,885 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock units to the Reporting Person under the Company's Long Term Incentive Plan. No amount was paid upon grant of the units. One quarter of the units are subject to time-based vesting (the "Time-Based Units") and three quarters of the units are subject to performance-based vesting (the "Performance-Based Units"). The Time-Based Units vest 33-1/3% per year, beginning on November 4, 2016. All Performance-Based Units are based upon the achievement of performance metrics measured over a three year period ending on September 30, 2018 and will vest at the end of such period.
- F2The forfeiture of shares by the reporting person to satisfy the reporting person's obligations with respect to withholding taxes in connection with the vesting on November 5, 2015 of 6,250 restricted stock units held by the reporting person.