Home/Filings/4/0001209191-16-141862
4//SEC Filing

Pendrell Corp 4

Accession 0001209191-16-141862

CIK 0001359555operating

Filed

Sep 15, 8:00 PM ET

Accepted

Sep 16, 5:58 PM ET

Size

9.5 KB

Accession

0001209191-16-141862

Insider Transaction Report

Form 4
Period: 2016-09-15
EDNIE STEVE
VP and Chief Financial Officer
Transactions
  • Exercise/Conversion

    Class A Common Stock

    2016-09-15+62,500109,656 total
  • Tax Payment

    Class A Common Stock

    2016-09-15$0.67/sh17,094$11,45392,562 total
  • Exercise/Conversion

    Restricted Stock Unit Award

    2016-09-1562,500125,000 total
    Exercise: $0.00From: 2015-09-15Exp: 2024-09-15Common Stock (62,500 underlying)
Footnotes (5)
  • [F1]Vested restricted stock units were distributed to the Reporting Person, without payment, in shares of Class A Common Stock on a unit-for-share basis on the vesting date.
  • [F2]Shares deemed surrendered by the Reporting Person and withheld by the Issuer in payment of the tax liability resulting from the vesting of restricted stock units.
  • [F3]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
  • [F4]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
  • [F5]On September 15, 2014, the Reporting Person was granted 250,000 restricted stock units. 62,500 restricted stock units vested on each of September 15, 2015 and September 15, 2016. If the Reporting Person remains engaged, 62,500 restricted stock units will vest on each of September 15, 2017 and September 15, 2018.

Issuer

Pendrell Corp

CIK 0001359555

Entity typeoperating
IncorporatedWA

Related Parties

1
  • filerCIK 0001359555

Filing Metadata

Form type
4
Filed
Sep 15, 8:00 PM ET
Accepted
Sep 16, 5:58 PM ET
Size
9.5 KB