SEC Form 4 · accession 0001225208-16-026620
OUTERWALL INC · OUTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald R Rench
Officer — Chief Legal Officer
Period of report
Feb 11, 2016
Accepted (ET)
Feb 16, 2016 · 6:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000941604
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 11, 2016 | A | 13,550 | $0.00 | A | 40,908 | D | |
| Common StockF2 | Feb 11, 2016 | A | 4,325 | $0.00 | A | 45,233 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were granted pursuant to a restricted stock award that vests 25% on each of February 24, 2017 and February 24, 2018 and 50% on February 24, 2019.
- F2These shares were granted pursuant to a performance-based restricted stock award that was earned based on the achievement of specified performance goals. Once earned, 65% of the restricted stock award vests on February 24, 2016 and 35% of the restricted stock award vests on February 24, 2017.