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4//SEC Filing

FAGRE NATHAN E 4

Accession 0000908834-17-000284

CIK 0001487730other
View on SEC.govCompany Profile

Filed

Dec 19, 7:00 PM ET

Accepted

Dec 20, 4:19 PM ET

Size

31.1 KB

Accession

0000908834-17-000284

Insider Transaction Report

Form 4
Period: 2017-12-01
Spectrum Brands Holdings, Inc.SPB
FAGRE NATHAN E
General Counsel and Secretary
Transactions
  • Tax Payment

    Common Stock

    2017-12-01$114.21/sh−1,824$208,319→ 38,927 total
  • Exercise/Conversion

    Performance Rights

    2017-12-01−9,451→ 0 total
    → Common Stock (9,451 underlying)
  • Exercise/Conversion

    Common Stock

    2017-12-01+6,640→ 45,567 total
  • Tax Payment

    Common Stock

    2017-12-01$114.21/sh−1,395$159,323→ 43,689 total
  • Tax Payment

    Common Stock

    2017-12-01$114.21/sh−1,993$227,621→ 45,714 total
  • Tax Payment

    Common Stock

    2017-12-08$114.47/sh−611$69,941→ 46,334 total
  • Exercise/Conversion

    Performance Rights

    2017-12-01−4,018→ 4,056 total
    → Common Stock (4,018 underlying)
  • Exercise/Conversion

    Performance Rights

    2017-12-01−3,677→ 0 total
    → Common Stock (3,677 underlying)
  • Award

    Performance Rights

    2017-12-01+8,074→ 8,074 total
    → Common Stock (8,074 underlying)
  • Exercise/Conversion

    Common Stock

    2017-12-01+3,677→ 40,751 total
  • Tax Payment

    Common Stock

    2017-12-01$114.21/sh−3,294$376,208→ 42,273 total
  • Exercise/Conversion

    Common Stock

    2017-12-01+4,018→ 47,707 total
  • Exercise/Conversion

    Common Stock

    2017-12-01+2,811→ 45,084 total
  • Award

    Common Stock

    2017-12-08+1,231→ 46,915 total
Footnotes (12)
  • [F1]The remaining 50% of the performance rights granted on February 2, 2015 under the Spectrum Brands Holdings, Inc. S2B Plan vested on December 1, 2017, and such performance rights representing the S2B Service Award portion of Mr. Fagre's S2B Award, settled for 3,677 shares of the Issuer's common stock.
  • [F10]The shares represent the cash value of the Management Incentive Award under the Issuer's 2017 Management Incentive Plan.
  • [F11]These shares of the Issuer's common stock were surrendered to satisfy Mr. Fagre's tax withholding requirements resulting from the vesting of his Management Incentive Award.
  • [F12]Each performance right represents a contingent right to receive one share of the Issuer's common stock.
  • [F2]Represents shares of the Issuer's common stock withheld to satisfy Mr. Fagre's tax withholding obligation upon the vesting and settling of performance rights of the S2B Service Award portion of Mr. Fagre's S2B Award.
  • [F3]The remaining 50% of the performance rights granted on December 15, 2015 under the Spectrum Brands Holdings, Inc. 2016 Equity Incentive Plan (the "2016 EIP Award") vested on December 1, 2017, and such performance rights representing the 2016 EIP Service Award portion of Mr. Fagre's 2016 EIP Award, settled for 6,640 shares of the Issuer's common stock.
  • [F4]Represents shares of the Issuer's common stock withheld to satisfy Mr. Fagre's tax withholding obligation upon the vesting and settling of performance rights of the 2016 EIP Service Award portion of Mr. Fagre's 2016 EIP Award.
  • [F5]On December 1, 2017, Mr. Fagre also received, 2,811 additional shares, representing the 2016 EIP Additional Award portion of Mr. Fagre's 2016 EIP Award, based on the Issuer exceeding by a certain percentage the 2016 adjusted EBITDA and 2016 consolidated free cash flow targets for the fiscal year ended September 30, 2016. The 2016 EIP Additional Award vested on December 1, 2017 since Mr. Fagre remained employed by the Issuer as of such date and the Issuer's 2017 adjusted EBITDA and consolidated free cash flow results were equal to or greater than the comparable results for 2016.
  • [F6]Represents shares of the Issuer's common stock withheld to satisfy Mr. Fagre's tax withholding obligation upon the vesting and settling of performance rights of the 2016 EIP Additional Award portion of Mr. Fagre's 2016 EIP Award.
  • [F7]Performance rights granted on December 15, 2016 under the Spectrum Brands Holdings, Inc. 2017 Equity Incentive Plan (the "2017 EIP Award") were earned as of December 1, 2017, and 50% of such performance rights, representing the 2017 EIP Performance Award portion of Mr. Fagre's 2017 EIP Award, settled for 4,018 shares of the Issuer's common stock. In addition, 4,018 shares, representing the 2017 EIP Service Award portion of Mr. Fagre's 2017 EIP Award, will vest on December 1, 2018 if Mr. Fagre remains employed by the Issuer on such first anniversary.
  • [F8]Mr. Fagre also shall be eligible to receive up to 38 additional shares, representing the 2017 EIP Additional Award portion of Mr. Fagre's 2017 EIP Award, based on the Issuer exceeding 2017 consolidated free cash flow targets for the fiscal year ended September 30, 2018. The 2017 EIP Additional Award will vest on December 1, 2018 if Mr. Fagre remains employed by the Issuer as of such date and will be payable if the Issuer's consolidated free cash flow results are equal to or greater than the comparable results for 2017.
  • [F9]Represents shares of the Issuer's common stock withheld to satisfy Mr. Fagre's tax withholding obligation upon the vesting and settling of performance rights of the 2017 EIP Performance Award portion of Mr. Fagre's 2017 EIP Award.

Documents

1 file

Issuer

Spectrum Brands Holdings, Inc.

CIK 0001487730

→
Entity typeother

Related Parties

1
  • filerCIK 0001128172

Filing Metadata

Form type
4
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:19 PM ET
Size
31.1 KB
View on SEC.gov