Home/Filings/4/0001590503-17-000065
4//SEC Filing

Surgical Care Affiliates, Inc. 4

Accession 0001590503-17-000065

CIK 0001411574operating

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 5:01 PM ET

Size

17.3 KB

Accession

0001590503-17-000065

Insider Transaction Report

Form 4
Period: 2017-03-13
HAYEK ANDREW P
DirectorChief Executive Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2017-03-13$11.18/sh+3,124$34,926311,825 total(indirect: See Explanation of Responses)
  • Sale

    Common Stock

    2017-03-13$56.63/sh3,124$176,912308,701 total(indirect: See Explanation of Responses)
  • Exercise/Conversion

    Options to Purchase Common Stock

    2017-03-133,12495,605 total(indirect: See Explanation of Responses)
    Exercise: $11.18Exp: 2020-03-24Common Stock (3,124 underlying)
Holdings
  • Common Stock

    (indirect: By Spouse)
    22,556
  • Options to Purchase Common Stock

    (indirect: See Explanation of Responses)
    Exercise: $8.72Exp: 2020-03-24Common Stock (43,902 underlying)
    43,902
  • Options to Purchase Common Stock

    (indirect: See Explanation of Responses)
    Exercise: $12.41Exp: 2023-05-06Common Stock (182,926 underlying)
    182,926
  • Options to Purchase Common Stock

    (indirect: See Explanation of Responses)
    Exercise: $29.02Exp: 2024-09-17Common Stock (135,682 underlying)
    135,682
  • Options to Purchase Common Stock

    (indirect: See Explanation of Responses)
    Exercise: $38.35Exp: 2025-06-04Common Stock (102,113 underlying)
    102,113
Footnotes (9)
  • [F1]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.
  • [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 $56.62 to $56.65. 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.

Issuer

Surgical Care Affiliates, Inc.

CIK 0001411574

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001411574

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 5:01 PM ET
Size
17.3 KB