MIKLES LEE E 4
4 · Pendrell Corp · Filed Feb 16, 2018
Insider Transaction Report
Form 4
Pendrell CorpPCOA
MIKLES LEE E
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit Award
2018-02-15−1,000→ 1,000 totalExercise: $0.00From: 2018-02-15Exp: 2025-06-15→ Class A Common Stock (1,000 underlying) - Exercise/Conversion
Class A Common Stock
2018-02-15+1,000→ 5,112 total
Holdings
- 74(indirect: By Spouse)
Class A Common Stock
- 1(indirect: By custodial account for the benefit of son)
Class A Common Stock
- 86(indirect: By Trust)
Class A Common Stock
- 10(indirect: By Trust)
Class A Common Stock
Footnotes (4)
- [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]Each restricted stock unit represents a contingent right to receive one share of Pendrell Corporation Class A Common Stock.
- [F3]Converts into Class A Common Stock on a unit-for-share basis on the vesting date.
- [F4]On June 15, 2015, the reporting person was granted 3,000 performance based restricted stock units. 1,000 of those restricted stock units vested on February 15, 2018 due to the Company's achievement of its 2017 performance objectives. If the reporting person remains engaged, 1,000 restricted stock units will vest on February 15, 2019, but only to the extent the Company achieves its performance objectives for the preceding calendar year under its then-applicable incentive plan.