4//SEC Filing
JOHNSTON VANCE CUSHMAN 4
Accession 0001171843-18-007196
CIK 0001059262other
Filed
Oct 23, 8:00 PM ET
Accepted
Oct 24, 7:42 PM ET
Size
7.5 KB
Accession
0001171843-18-007196
Insider Transaction Report
Form 4
JOHNSTON VANCE CUSHMAN
EVP, Finance
Transactions
- Tax Payment
Common Stock
2018-10-24$30.69/sh−1,443$44,285→ 15,625 total - Award
Common Stock
2018-10-22$32.31/sh+4,662$150,629→ 17,068 total
Footnotes (3)
- [F1]The acquisition of shares of SP Plus common stock represents the vesting of performance share units (PSUs) previously awarded to the reporting person on April 9, 2015, and made effective as of January 1, 2015, under the SP Plus Long-Term Incentive Plan. The PSUs were earned on February 26, 2018, and settled in shares of SP Plus common stock on a one-for-one basis that were issued to the reporting person on October 22, 2018. The PSUs vested solely upon achievement of pre-established performance targets for SP Plus's adjusted pre-tax free cash flow over a three-year performance period.
- [F2]Upon acquisition of the PSUs, the reporting person automatically sold, solely for purposes of satisfying the resulting tax-withholding obligations, a number of shares of SP Plus common stock sufficient to enable the reporting person to satisfy such tax-withholding obligations.
- [F3]Includes 7,518 restricted stock units previously granted to the reporting person.
Documents
Issuer
SP Plus Corp
CIK 0001059262
Entity typeother
Related Parties
1- filerCIK 0001485959
Filing Metadata
- Form type
- 4
- Filed
- Oct 23, 8:00 PM ET
- Accepted
- Oct 24, 7:42 PM ET
- Size
- 7.5 KB