SEC Form 4 · accession 0000945841-16-000196
POOL CORP · POOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Melanie Housey
Officer — CONTROLLER/CHIEF ACCOUNTING OF
Period of report
Feb 25, 2016
Accepted (ET)
Feb 29, 2016 · 6:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000945841
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 25, 2016 | A | 1,100 | $0.00 | A | 7,968 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $80.78 | Feb 25, 2016 | A | 2,750 | A | Feb 25, 2019 | Feb 25, 2026 | Common Stock | 2,750 | 2,750 | D |
Explanation of responses
- F1Represents shares of performance-based restricted stock that may be earned, depending on the Company?s attainment of a three-year return on invested capital performance goal for the three-year period ending December 31, 2018, 2019 or 2020. If the performance goal is not met as of the end of the performance period ending December 31, 2020, then all shares will be immediately forfeited and canceled. If the performance goal is met, 50% of the shares shall vest on March 15th of the year following the end of the performance period during which the performance goal was met and 50% on the 5th anniversary of the date of grant.
- F2The option vests 50% 3 years from the grant date with the remaining 50% vesting 5 years from the grant date.