SEC Form 4 · accession 0000095052-15-000048
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
Dec 2, 2015
Accepted (ET)
Dec 4, 2015 · 4:58 pm EST
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 2, 2015 | G | 3,150 | $0.00 | D | 1,295,847 | D | |
| Common Stock, $.01 par valueF5 | Dec 2, 2015 | A | 54,391 | $0.00 | A | 1,350,238 | D | |
| Common Stock, $.01 par valueF6 | holding | — | — | — | 177,729 | I | Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Transfer to Family Trust.
- F2Includes 194,934 service-based restricted stock units and 68,476 performance-based restricted stock units.
- F3This grant of performance-based restricted stock units (PBRSU) represents the portion of the Reporting Person's typical annual long-term incentive award for the Issuer's fiscal year ended June 30, 2016, for which there were not sufficient shares remaining available under the Issuer's 2010 Stock Award and Incentive Plan (the Plan). This grant was approved by the Compensation Committee in August 2015, subject to shareholder approval at the 2015 annual shareholders meeting of an amendment to the Plan increasing the number of shares available for issuance under the Plan. The amendment was approved by the shareholders on December 2, 2015.
- F4The actual number of shares of common stock payable pursuant to this grant 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 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 each applicable Vesting Date.
- F5Includes 194,934 service-based restricted stock units and 122,867 performance-based restricted stock units.
- F6Shares held in family trust of which Reporting Person's spouse is trustee, and spouse and minor children are beneficiaries.