4//SEC Filing
ORTHOFIX INTERNATIONAL N V 4
Accession 0001209191-17-044659
$OFIXCIK 0000884624operating
Filed
Jul 9, 8:00 PM ET
Accepted
Jul 10, 6:02 PM ET
Size
10.3 KB
Accession
0001209191-17-044659
Insider Transaction Report
Form 4
Bianchi Davide
Pres, Int'l Extremity Fixation
Transactions
- Award
Performance Share Units
2017-07-03+5,965→ 5,965 totalExercise: $0.00Exp: 2020-07-03→ Common Stock (5,965 underlying) - Award
Common Stock
2017-07-03+2,983→ 59,603 total - Award
Stock Option (right to buy)
2017-07-03+10,409→ 10,409 totalExercise: $46.10Exp: 2027-07-03→ Common Stock (10,409 underlying)
Footnotes (3)
- [F1]Represents time-based vesting restricted stock that vests in 25% increments on the first, second, third and fourth anniversaries of the grant date, July 3, 2017.
- [F2]These stock options vest in 25% increments on the first, second, third and fourth anniversaries of the grant date, July 3, 2017.
- [F3]Represents market-based vesting performance stock units ("PSUs") that will settle as common stock on a one-for-one basis. The performance period of the grant is defined as July 3, 2017 to July 3, 2020. The PSUs will vest based on the percentile rank of the Company's total shareholder return ("TSR") over the performance period in relation to the TSR of the specified index companies. The index companies are based upon the companies included within the S&P Healthcare Select Sector index as of July 3, 2017, the grant date. In the event that the Company's TSR ranks at the 75th percentile or greater for the performance period, 200% of the PSUs will vest. In the event that the Company's TSR ranks between the 50th percentile and the 75th percentile, 100-200% of the PSUs will vest and 50-100% of the PSUs will vest if the Company's TSR ranks between the 25th percentile and 50th percentile. No PSUs will vest if the Company ranks below the 25th percentile.
Documents
Issuer
ORTHOFIX INTERNATIONAL N V
CIK 0000884624
Entity typeoperating
Related Parties
1- filerCIK 0000884624
Filing Metadata
- Form type
- 4
- Filed
- Jul 9, 8:00 PM ET
- Accepted
- Jul 10, 6:02 PM ET
- Size
- 10.3 KB