4//SEC Filing
Neff Corp 4
Accession 0001104659-15-083083
CIK 0001617667operating
Filed
Dec 3, 7:00 PM ET
Accepted
Dec 4, 7:24 PM ET
Size
8.1 KB
Accession
0001104659-15-083083
Insider Transaction Report
Form 4
Neff CorpNEFF
Parks Westley
Vice President Atlantic Region
Transactions
- Award
Restricted Stock Unit
2015-12-02+11,731→ 11,731 total→ Class A Common Stock (11,731 underlying) - Award
Stock Option (right to buy)
2015-12-02+24,210→ 24,210 totalExercise: $8.03Exp: 2025-12-02→ Class A Common Stock (24,210 underlying)
Footnotes (2)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. The RSUs will cliff-vest on December 2, 2018, subject to continued employment (subject to certain acceleration triggers) and (a) in the case of 50% of the RSUs, only if the Company's return on invested capital for the three-year period from the date of grant exceeds its weighted average cost of capital for such period and (b) in the case of the other 50% of the RSUs, only if the Company's total stockholder return, as measured for such period, is equal to or greater than the median total stockholder return of companies in the Trading Companies and Distributors GICS Sub-Industry for such period.
- [F2]The option vests in four equal annual installments beginning on the first anniversary of the grant date.
Documents
Issuer
Neff Corp
CIK 0001617667
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001617667
Filing Metadata
- Form type
- 4
- Filed
- Dec 3, 7:00 PM ET
- Accepted
- Dec 4, 7:24 PM ET
- Size
- 8.1 KB