MCGALLA SUSAN P 4
4 · HFF, Inc. · Filed Apr 23, 2018
Insider Transaction Report
Form 4
MCGALLA SUSAN P
Director
Transactions
- Exercise/Conversion
Class A common stock
2018-04-19$6.13/sh+7,335$44,964→ 38,707 total - Exercise/Conversion
Stock Option
2018-04-19+7,335→ 0 totalExercise: $6.13From: 2010-10-28Exp: 2019-10-28→ Class A common stock (7,335 underlying)
Footnotes (2)
- [F1]On January 26, 2018, the Company declared a dividend, payable to all holders of record of Class A common stock on February 9, 2018, of $1.75 for each share of Class A common stock outstanding. Pursuant to the terms of the Company's 2016 Equity Incentive Plan and the outstanding grants of restricted stock units (RSUs) of Class A common stock, any RSUs of Class A common stock that were unvested (or vested but not settled) as of the dividend record date were entitled, in lieu of any cash dividend, to a stock dividend for each unvested (or vested but not settled) RSU of Class A common stock equal to the per-share cash dividend amount divided by the fair market value of a share of Class A common stock on the dividend date. As a result, as of February 21, 2018, the reporting person received 1,147 additional RSUs of Class A common stock, subject to the vesting and distribution requirements of the underlying RSUs held by the reporting person.
- [F2]The stock option vested in three equal installments beginning one year after October 28, 2009, the grant date.