SEC Form 4 · accession 0001225208-16-043666
PCM, INC. · PCMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Jay Miley
Officer — President, PCM, Inc.
Period of report
Dec 5, 2016
Accepted (ET)
Dec 22, 2016 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000937941
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMONF1 | Dec 5, 2016 | M | 20,000 | $0.00 | A | 33,998 | D | |
| COMMON | Dec 5, 2016 | F | 7,516 | $21.45 | D | 26,482 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F3 | — | Dec 5, 2016 | M | 20,000 | D | — | — | COMMON | 20,000 | 78,600 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. This transaction represents the settlement of restricted stock units in shares of the issuer's common stock on their scheduled vesting date.
- F2The issuer has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
- F3The restricted stock units vest in five equal annual installments beginning on the first anniversary of the date of grant.