4//SEC Filing
Varty Nikhil M 4
Accession 0001428875-18-000131
CIK 0001428875other
Filed
Oct 2, 8:00 PM ET
Accepted
Oct 3, 8:25 PM ET
Size
18.1 KB
Accession
0001428875-18-000131
Insider Transaction Report
Form 4
Varty Nikhil M
Chief Executive Officer
Transactions
- Tax Payment
Common Stock
2018-10-01$40.60/sh−21,412$869,342→ 42,963 total - Exercise/Conversion
Common Stock
2018-10-01+52,521→ 64,375 total - Exercise/Conversion
Performance Restricted Stock Units
2018-10-01−52,521→ 0 total→ Common Stock (52,521 underlying) - Other
Restricted Stock Units
2018-02-18+47,216→ 47,216 total→ Common Stock (47,216 underlying) - Other
Employee Stock Options (Right To Buy)
2017-07-26+148,049→ 148,049 totalExercise: $28.56→ Common Stock (148,049 underlying) - Other
Employee Stock Options (Right To Buy)
2018-02-18+145,459→ 145,459 totalExercise: $37.07→ Common Stock (145,459 underlying)
Footnotes (7)
- [F1]The executive was originally granted 35,562 shares of Performance Restricted Stock Units on July 26, 2017 in connection with the proposed spin-off of the American Home Shield business. Upon the completion of the spin-off on October 1, 2018, the executive's Performance Restricted Stock units were all adjusted in connection with the spin-off based on the closing price of ServiceMaster's stock on September 28, 2018 and the opening price of ServiceMaster's stock on October 1, 2018. These Performance Restricted Share Units settled in SERV common stock on October 1, 2018.
- [F2]The reporting person is reporting the sale of shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting and delivery of shares.
- [F3]The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.48-$40.76, inclusive. The reporting person undertakes to provide ServiceMaster, any security holder of ServiceMaster, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
- [F4]The number of RSU(s), stock options and the exercise price for the stock options were all adjusted in connection with the spin-off based on the closing price of ServiceMaster's stock on September 28, 2018 and the opening price of ServiceMaster's stock on October 1, 2018.
- [F5]Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on February 18, 2018, and vested and settled in three equal installments on the first three anniversaries of the grant date, subject to the executive's continued employment with the Company.
- [F6]The stock options were granted on July 26, 2017, and vest and become exercisable in four equal installments on the first anniversary of the grant date, subject to continued employment.
- [F7]The stock options were granted on February 18, 2018, and vest and become exercisable in four equal installments of the first anniversary of the grant date, subject to continued employment.
Documents
Issuer
SERVICEMASTER GLOBAL HOLDINGS INC
CIK 0001428875
Entity typeother
Related Parties
1- filerCIK 0001406014
Filing Metadata
- Form type
- 4
- Filed
- Oct 2, 8:00 PM ET
- Accepted
- Oct 3, 8:25 PM ET
- Size
- 18.1 KB