4//SEC Filing
Surgical Care Affiliates, Inc. 4
Accession 0001590503-17-000057
CIK 0001411574operating
Filed
Mar 5, 7:00 PM ET
Accepted
Mar 6, 5:00 PM ET
Size
16.7 KB
Accession
0001590503-17-000057
Insider Transaction Report
Form 4
HAYEK ANDREW P
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock
2017-03-02$56.64/sh−6,560$371,558→ 268,976 total(indirect: See Explanation of Responses) - Award
Common Stock
2017-03-02+39,725→ 308,701 total(indirect: See Explanation of Responses)
Holdings
- 101,853(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $11.18Exp: 2020-03-24→ Common Stock (101,853 underlying) - 43,902(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $8.72Exp: 2020-03-24→ Common Stock (43,902 underlying) - 22,556(indirect: By Spouse)
Common Stock
- 182,926(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $12.41Exp: 2023-05-06→ Common Stock (182,926 underlying) - 102,113(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $38.35Exp: 2025-06-04→ Common Stock (102,113 underlying) - 135,682(indirect: See Explanation of Responses)
Options to Purchase Common Stock
Exercise: $29.02Exp: 2024-09-17→ Common Stock (135,682 underlying)
Footnotes (9)
- [F1]Represents shares of Common Stock withheld by the issuer to satisfy tax withholding obligations incident to the vesting and settlement on March 2, 2017 of restricted stock units of the issuer previously issued in accordance with Rule 16b-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Such deemed disposition is exempt from Section 16(b) of the Exchange Act pursuant to Rule 16b-3(e).
- [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]Grant of restricted stock units of the issuer, vesting ratably in equal annual installments over a period of four years from March 2, 2017, pursuant to the Surgical Care Affiliates, Inc. 2016 Omnibus Long-Term Incentive Plan (the "Plan"), which is exempt under Rule 16b-3(d) of the Exchange Act.
- [F4]Includes 256,524 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 or a change in control of the issuer. The RSUs vest on the following schedule and are settled on each applicable vesting date: 19,068 RSUs vesting on June 4, 2017, 25,198 RSUs vesting on September 17, 2017, 23,568 RSUs vesting on March 2, 2018, 19,068 RSUs vesting on June 4, 2018, 25,198 RSUs vesting on September 17, 2018, 23,567 RSUs vesting on March 2, 2019, 19,067 RSUs vesting on June 4, 2019, 23,567 RSUs vesting on March 2, 2020 and 9,931 RSUs vesting on March 2, 2021.
- [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
- Mar 5, 7:00 PM ET
- Accepted
- Mar 6, 5:00 PM ET
- Size
- 16.7 KB