EDNIE STEVE 4/A
4/A · Pendrell Corp · Filed Dec 29, 2017
Insider Transaction Report
Form 4/AAmended
EDNIE STEVE
VP and Chief Financial Officer
Transactions
- Exercise/Conversion
Class A Common Stock
2017-09-15+62→ 155 total - Tax Payment
Class A Common Stock
2017-09-15$679.00/sh−17$11,543→ 138 total - Exercise/Conversion
Restricted Stock Unit Award
2017-09-15−62→ 62 totalExercise: $0.00From: 2017-09-15Exp: 2024-09-15→ Common Stock (62 underlying)
Footnotes (6)
- [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]This surrender of shares in payment of the tax liability resulting from the vesting of restricted stock units was inadvertently omitted from the Reporting Person's September 15, 2017 Form 4.
- [F4]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- [F5]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- [F6]On September 15, 2014, the Reporting Person was granted 250 restricted stock units. 62 restricted stock units vested on each of September 15, 2015, September 15, 2016, and September 15, 2017. If the Reporting Person remains engaged, 62 restricted stock units will vest on September 15, 2018.