4//SEC Filing
HENRY SCHEIN INC 4
Accession 0001209191-14-015910
$HSICCIK 0001000228operating
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:04 PM ET
Size
10.7 KB
Accession
0001209191-14-015910
Insider Transaction Report
Form 4
HENRY SCHEIN INCHSIC
KOMAROFF STANLEY
Senior Advisor
Transactions
- Award
Common Stock, par value $0.01 per share
2014-02-27+7,158→ 66,954 total - Award
SERP Phantom Stock
2014-02-27+1,041→ 1,041 total→ Common Stock, par value $0.01 per share (1,041 underlying)
Holdings
- 391(indirect: By 401(k))
Common Stock, par value $0.01 per share
Footnotes (6)
- [F1]Grant of restricted stock units (RSUs) pursuant to the Issuer's 2013 Stock Incentive Plan. 65% will vest subject to (x) Issuer's achievement of a specified performance goal and (y) reporting person's continued performance of services for the Issuer. 35% will vest subject to (x) passage of a specified period of time and (y) reporting person's continued performance of services for the Issuer. With respect to the performance-based RSUs, if the continued service requirement is satisfied and achievement of the performance goal (x) exceeds 100% of target, the Issuer may issue additional vested shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved in excess of 100% of target or (y) is less than 100% of target, the reporting person will surrender to the Issuer shares of common stock in an amount that corresponds to the incremental percentage of the performance goal achieved that is below 100% of target (i.e., shortfall).
- [F2]This Form 4 includes the reporting person's balance in the Issuer's Supplemental Executive Retirement Plan ("SERP") that is hypothetically invested in the Issuer's stock fund, representing exempt transactions in the SERP since the reporting person's initial participation therein.
- [F3]The investment return on contributions in the SERP is generally equal to the earnings and losses that would occur if 100% of the contributions were invested, as directed by the reporting person, among the investment alternatives available under the plan (including the Issuer's stock fund). The reporting person may change his hypothetical investment in the investment alternatives (including the Issuer's stock fund) to an alternative hypothetical investment at any time. Vested balances in the SERP are cash-settled only.
- [F4]Represents the aggregate number of shares of phantom stock allocated to the reporting person under the SERP as of the date hereof based on the closing price of a share of the Issuer's common stock on February 27, 2014.
- [F5]The vested balance in the reporting person's SERP account is payable in cash only following the six-month anniverary of a termination of employment or within 30 days following a change in control of the Issuer. Subject to the terms of the SERP, the reporting person may change his hypothetical investment in the investment alternatives (including the Issuer's stock fund) to an alternative hypothetical investment at any time.
- [F6]The number of shares of phantom stock allocated to the reporting person under the SERP is determined by dividing the amount of deferred eligible director compensation by the closing price of a share of Issuer common stock on each applicable award date.
Documents
Issuer
HENRY SCHEIN INC
CIK 0001000228
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001000228
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:04 PM ET
- Size
- 10.7 KB