SEC Form 4 · accession 0000095052-15-000022
ELIZABETH ARDEN INC · RDEN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Scott Beattie
Officer — Chairman, President & CEO · Director
Period of report
Aug 10, 2015
Accepted (ET)
Aug 12, 2015 · 3:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000095052
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par valueF2 | Dec 22, 2014 | G | 1,550 | $0.00 | D | 1,136,769 | D | |
| Common Stock, $.01 par valueF2 | Dec 22, 2014 | G | 2,100 | $0.00 | D | 1,134,669 | D | |
| Common Stock, $.01 par valueF2 | May 8, 2015 | G | 700 | $0.00 | D | 1,133,969 | D | |
| Common Stock, $.01 par valueF2 | May 27, 2015 | G | 950 | $0.00 | D | 1,133,019 | D | |
| Common Stock, $.01 par valueF5 | Aug 10, 2015 | D | 28,900 | $0.00 | D | 1,104,119 | D | |
| Common Stock, $.01 par valueF5 | Aug 10, 2015 | F | 15,538 | $9.63 | D | 1,088,581 | D | |
| Common Stock, $.01 par valueF5 | Aug 10, 2015 | A | 38,551 | $0.00 | A | 1,127,132 | D | |
| Common Stock, $.01 par valueF5 | Aug 10, 2015 | F | 10,544 | $9.63 | D | 1,116,588 | D | |
| Common Stock, $.01 par valueF10 | Aug 10, 2015 | A | 133,200 | $0.00 | A | 1,249,788 | D | |
| Common Stock, $.01 par valueF12 | Aug 10, 2015 | A | 49,209 | $0.00 | A | 1,298,997 | D | |
| Common Stock, $.01 par valueF13 | holding | — | — | — | 174,579 | I | Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F14 | $9.63 | Aug 10, 2015 | A | 165,200 | A | — | Aug 10, 2025 | Common Stock, $.01 par value | 165,200 | 165,200 | D |
Explanation of responses
- F1Gift to unaffiliated third parties.
- F10Includes 194,934 service-based restricted stock units and 19,267 performance-based restricted stock units.
- F11The actual number of shares of common stock payable pursuant to this grant of performance-based restricted stock units shall be determined based on the Issuer's achievement of specified financial targets for the fiscal year ending June 30, 2016, and such shares shall be issuable in three equal annual installments on each applicable Vesting Date, but, subject to certain exceptions, only if the Reporting Person is still employed with the Issuer on each applicable Vesting Date.
- F12Includes 194,934 service-based restricted stock units and 68,476 performance-based restricted stock units.
- F13Shares held in family trust of which Reporting Person's spouse is trustee, and spouse and minor children are beneficiaries.
- F14This stock option shall become exercisable in thirds over a three-year period on each applicable Vesting Date, but, subject to certain exceptions, only if the Reporting Person is still employed with the Issuer on each applicable Vesting Date.
- F2Includes 106,867 service-based restricted stock units and 59,837 performance-based restricted stock units.
- F3Transfer to Family Trust.
- F4Forfeiture of performance-based restricted stock units granted on August 21, 2014 as a result of the Issuer not achieving specified performance targets for the fiscal year ended June 30, 2015.
- F5Includes 61,734 service-based restricted stock units and 19,267 performance-based restricted stock units.
- F6Represents shares withheld by the Issuer in satisfaction of tax withholding obligations arising from the vesting of (i) service-based restricted stock units granted on August 13, 2012, August 12, 2013 and August 21, 2014, and (ii) performance-based restricted stock units granted on August 12, 2012 and August 21, 2014. The price reflected is the closing market price of the Issuer's Common Stock on the vesting date, August 10, 2015.
- F7Shares received pursuant to the Issuer's 2015 Management Bonus Plan.
- F8Represents shares withheld by the Issuer in satisfaction of tax withholding obligations arising from the issuance of shares described in footnote 7.
- F9This grant of service-based restricted stock units will vest in equal thirds over a three-year period on the dates that are two business days following the public announcement of the Issuer's financial results for the fiscal years ending June 30, 2016, 2017 and 2018 (each a "Vesting Date"), but, subject to certain exceptions, only if the Reporting Person is still employed with the Issuer on the applicable vesting date.