4//SEC Filing
Surgical Care Affiliates, Inc. 4
Accession 0001590503-17-000037
CIK 0001411574operating
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 11:41 AM ET
Size
17.4 KB
Accession
0001590503-17-000037
Insider Transaction Report
Form 4
HAYEK ANDREW P
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2017-02-27$11.18/sh+3,124$34,926→ 278,660 total(indirect: See Explanation of Responses) - Sale
Common Stock
2017-02-27$56.67/sh−3,124$177,037→ 275,536 total(indirect: See Explanation of Responses) - Exercise/Conversion
Options to Purchase Common Stock
2017-02-27−3,124→ 101,853 total(indirect: See Explanation of Responses)Exercise: $11.18Exp: 2020-03-24→ Common Stock (3,124 underlying)
Holdings
- 43,902(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $8.72Exp: 2020-03-24→ Common Stock (43,902 underlying) - 182,926(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $12.41Exp: 2023-05-06→ Common Stock (182,926 underlying) - 22,556(indirect: By Spouse)
Common Stock
- 135,682(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $29.02Exp: 2024-09-17→ Common Stock (135,682 underlying) - 102,113(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $38.35Exp: 2025-06-04→ Common Stock (102,113 underlying)
Footnotes (9)
- [F1]Includes 230,436 shares of Common Stock underlying restricted stock units ("RSUs") of the issuer, all of which are subject to time-based vesting. As of the date hereof, 68,292 of the RSUs were vested and are settled on the earlier of the individual's termination of employment (as defined in the Surgical Care Affiliates, Inc. 2013 Omnibus Long-Term Incentive Plan, as amended) or a change in control of the issuer. The remaining RSUs vest on the following schedule and are settled on each applicable vesting date: 13,637 RSUs vesting on March 2, 2017, 19,068 RSUs vesting on June 4, 2017, 25,198 RSUs vesting on September 17, 2017, 13,636 RSUs vesting on March 2, 2018, 19,068 RSUs vesting on June 4, 2018, 25,198 RSUs vesting on September 17, 2018, 13,636 RSUs vesting on March 2, 2019, 19,067 RSUs vesting on June 4, 2019 and 13,636 RSUs vesting on March 2, 2020.
- [F2]Mr. Hayek is the sole trustee of the Andrew Hayek 2008 Living Trust, which directly owns all of the securities reported on this line.
- [F3]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- [F4]This price represents the weighted average sale price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $56.65 to $56.70. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
- [F5]This line contains a combination of both time-based and performance-based options which, as of September 16, 2013, were fully vested.
- [F6]All of the options are time-based options which, as of March 24, 2015, were fully vested.
- [F7]The option provides for vesting in equal annual installments on May 6, 2014, May 6, 2015, May 6, 2016 and May 6, 2017.
- [F8]The option provides for vesting in equal annual installments on September 17, 2015, September 17, 2016, September 17, 2017 and September 17, 2018.
- [F9]The option provides for vesting in equal annual installments on June 4, 2016, June 4, 2017, June 4, 2018 and June 4, 2019.
Documents
Issuer
Surgical Care Affiliates, Inc.
CIK 0001411574
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001411574
Filing Metadata
- Form type
- 4
- Filed
- Feb 27, 7:00 PM ET
- Accepted
- Feb 28, 11:41 AM ET
- Size
- 17.4 KB