4//SEC Filing
Silicon Graphics International Corp 4
Accession 0001437749-16-037348
CIK 0001316625operating
Filed
Aug 11, 8:00 PM ET
Accepted
Aug 12, 9:53 PM ET
Size
12.9 KB
Accession
0001437749-16-037348
Insider Transaction Report
Form 4
Conceicao Cassio
EVP, Chief Operating Officer
Transactions
- Award
Restricted Stock Units
2016-08-10+41,250→ 141,221 total→ Common Stock (41,250 underlying) - Award
Performance-Based Restricted Stock Units
2016-08-10+6,875→ 37,393 total→ Common Stock (6,875 underlying) - Award
Performance-Based Restricted Stock Units
2016-08-10+6,875→ 44,268 total→ Common Stock (6,875 underlying) - Award
Performance-Based Restricted Stock Units
2016-08-10+9,750→ 54,018 total→ Common Stock (9,750 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Common Stock.
- [F2]This restricted stock unit award will vest over (3) three years, vesting 1/12 of the shares quarterly.
- [F3]Restricted Stock Units have no expiration date.
- [F4]This performance-based restricted stock unit award grant (PSU) is subject to a Total Stockholder Return performance metric determined by the Compensation Committee of the Company's Board of Directors (Compensation Committee). Vesting for this PSU is 33% one year after the initial grant date, with quarterly vesting over the remaining 2 years if the performance metric is deemed obtained by the Compensation Committee. Upon a change in control of the Company, such performance metric will be deemed obtained.
- [F5]This PSU is subject to performance metrics: 50% revenue and 50% operating income as determined by the Compensation Committee. Vesting for this PSU is 33% one year after the initial grant date, with quarterly vesting over the remaining 2 years if the performance metrics are deemed obtained by the Compensation Committee. Upon a change in control of the Company, such performance metrics will be deemed obtained.
- [F6]This PSU was based upon attainment by the Company of performance metrics previously established by the Compensation Committee for the fiscal year ending June 24, 2016. Attainment of such performance metrics was determined by the Compensation Committee on August 10, 2016. Vesting for this PSU is 25% one year after the initial grant date of August 12, 2015, with the remaining portion of the PSU vesting in twelve equal, successive quarterly installments over an additional three years, subject to continued service.
Documents
Issuer
Silicon Graphics International Corp
CIK 0001316625
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001316625
Filing Metadata
- Form type
- 4
- Filed
- Aug 11, 8:00 PM ET
- Accepted
- Aug 12, 9:53 PM ET
- Size
- 12.9 KB