4//SEC Filing
FAGRE NATHAN E 4
Accession 0000950142-18-001568
CIK 0000109177other
Filed
Jul 16, 8:00 PM ET
Accepted
Jul 17, 5:33 PM ET
Size
9.1 KB
Accession
0000950142-18-001568
Insider Transaction Report
Form 4
FAGRE NATHAN E
SVP, Gen. Counsel & Secretary
Transactions
- Award
Performance Rights
2018-07-13+4,056→ 4,056 total→ Common Stock (4,056 underlying) - Award
Common Stock
2018-07-13+46,334→ 46,334 total
Footnotes (4)
- [F1]Represents shares of common stock of the Issuer ("Issuer Shares") and restricted stock units with respect to Issuer Shares that were acquired in exchange for an equal number of shares of common stock of Spectrum Brands Legacy, Inc. (f/k/a Spectrum Brands Holdings, Inc.), a Delaware corporation ("Legacy Spectrum"), and restricted stock units with respect to shares of common stock of Legacy Spectrum in connection with a merger (the "Merger") pursuant to which Legacy Spectrum became a direct subsidiary of the Issuer.
- [F2]Each performance right represents a contingent right to receive one Issuer Share.
- [F3]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 Shares and are included in Table I. 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.
- [F4]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 ending 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.
Documents
Issuer
Spectrum Brands Holdings, Inc.
CIK 0000109177
Entity typeother
Related Parties
1- filerCIK 0001128172
Filing Metadata
- Form type
- 4
- Filed
- Jul 16, 8:00 PM ET
- Accepted
- Jul 17, 5:33 PM ET
- Size
- 9.1 KB