SEC Form 4 · accession 0000945841-17-000055
POOL CORP · POOL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark W Joslin
Officer — SENIOR VICE PRESIDENT/CFO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 7:38 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 Stock | Mar 1, 2017 | M | 4,968 | $37.85 | A | 120,052 | D | |
| Common Stock | Mar 1, 2017 | S | 4,968 | $117.25 | D | 115,084 | D | |
| Common StockF1 | Mar 1, 2017 | A | 7,500 | $0.00 | A | 122,584 | 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) | $37.85 | Mar 1, 2017 | M | 4,968 | D | May 8, 2012 | May 8, 2017 | Common Stock | 4,968 | 0 | D |
Explanation of responses
- F1Represents shares of performance-based restricted stock that may be earned, depending on the Company?s attainment of an average three-year return on invested capital performance goal for the three-year period ending December 31, 2017, 2018 or 2019. If the performance goal is not met as of the end of the performance period ending December 31, 2019, the period will be extended by one year up until December 31, 2023, then all shares will be immediately forfeited and canceled. If the performance goal is met, 50% of the shares shall vest on March 1st 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.