4//SEC Filing
Neu Stacey L 4
Accession 0000908834-17-000286
CIK 0001487730other
Filed
Dec 19, 7:00 PM ET
Accepted
Dec 20, 4:21 PM ET
Size
31.1 KB
Accession
0000908834-17-000286
Insider Transaction Report
Form 4
Neu Stacey L
SVP of Human Resources
Transactions
- Tax Payment
Common Stock
2017-12-01$114.21/sh−805$91,939→ 9,816 total - Exercise/Conversion
Performance Rights
2017-12-01−1,962→ 0 total→ Common Stock (1,962 underlying) - Award
Performance Rights
2017-12-01+4,658→ 4,658 total→ Common Stock (4,658 underlying) - Tax Payment
Common Stock
2017-12-01$114.21/sh−974$111,241→ 7,069 total - Tax Payment
Common Stock
2017-12-01$114.21/sh−1,901$217,113→ 8,999 total - Award
Common Stock
2017-12-08+902→ 11,886 total - Tax Payment
Common Stock
2017-12-08$114.47/sh−448$51,283→ 11,438 total - Tax Payment
Common Stock
2017-12-01$114.21/sh−1,150$131,342→ 10,984 total - Exercise/Conversion
Performance Rights
2017-12-01−5,453→ 0 total→ Common Stock (5,453 underlying) - Exercise/Conversion
Performance Rights
2017-12-01−2,318→ 2,340 total→ Common Stock (2,318 underlying) - Exercise/Conversion
Common Stock
2017-12-01+1,962→ 8,043 total - Exercise/Conversion
Common Stock
2017-12-01+3,831→ 10,900 total - Exercise/Conversion
Common Stock
2017-12-01+1,622→ 10,621 total - Exercise/Conversion
Common Stock
2017-12-01+2,318→ 12,134 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 Ms. Neu's S2B Award, settled for 1,962 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 Ms. Neu's tax withholding requirements resulting from the vesting of her 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 Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the S2B Service Award portion of Ms. Neu'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 Ms. Neu's 2016 EIP Award, settled for 3,831 shares of the Issuer's common stock.
- [F4]Represents shares of the Issuer's common stock withheld to satisfy Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2016 EIP Service Award portion of Ms. Neu's 2016 EIP Award.
- [F5]On December 1, 2017, Ms. Neu also received, 1,622 additional shares, representing the 2016 EIP Additional Award portion of Ms. Neu'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 Ms. Neu 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 Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2016 EIP Additional Award portion of Ms. Neu'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 Ms. Neu's 2017 EIP Award, settled for 2,318 shares of the Issuer's common stock. In addition, 2,318 shares, representing the 2017 EIP Service Award portion of Ms. Neu's 2017 EIP Award, will vest on December 1, 2018 if Ms. Neu remains employed by the Issuer on such first anniversary.
- [F8]Ms. Neu also shall be eligible to receive up to 22 additional shares, representing the 2017 EIP Additional Award portion of Ms. Neu'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 Ms. Neu 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 Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2017 EIP Performance Award portion of Ms. Neu's 2017 EIP Award.
Documents
Issuer
Spectrum Brands Holdings, Inc.
CIK 0001487730
Entity typeother
Related Parties
1- filerCIK 0001658928
Filing Metadata
- Form type
- 4
- Filed
- Dec 19, 7:00 PM ET
- Accepted
- Dec 20, 4:21 PM ET
- Size
- 31.1 KB