4//SEC Filing
CIFC LLC 4
Accession 0001649709-16-000056
CIK 0001649709operating
Filed
Jul 4, 8:00 PM ET
Accepted
Jul 5, 12:38 PM ET
Size
29.6 KB
Accession
0001649709-16-000056
Insider Transaction Report
Form 4
CIFC LLCCIFC
SMITH STEPHEN FRANKLIN
Director
Transactions
- Exercise/Conversion
Common Shares
2016-07-01+90→ 3,703 total - Exercise/Conversion
Common Shares
2016-07-01+5,988→ 9,995 total - Exercise/Conversion
Restricted Share Units
2016-07-01−81→ 0 total→ Common Shares (81 underlying) - Exercise/Conversion
Restricted Share Units
2016-07-01−90→ 0 total→ Common Shares (90 underlying) - Exercise/Conversion
Restricted Share Units
2016-07-01−84→ 0 total→ Common Shares (84 underlying) - Exercise/Conversion
Common Shares
2016-07-01+81→ 3,613 total - Exercise/Conversion
Common Shares
2016-07-01+84→ 3,787 total - Award
Restricted Share Units
2015-12-01+90→ 90 total→ Common Shares (90 underlying) - Award
Restricted Share Units
2016-05-24+220→ 220 total→ Common Shares (220 underlying) - Exercise/Conversion
Common Shares
2016-07-01+220→ 4,007 total - Award
Restricted Share Units
2015-09-08+81→ 81 total→ Common Shares (81 underlying) - Award
Restricted Share Units
2016-04-15+84→ 84 total→ Common Shares (84 underlying) - Exercise/Conversion
Restricted Share Units
2016-07-01−5,988→ 0 total→ Common Shares (5,988 underlying) - Exercise/Conversion
Restricted Share Units
2016-07-01−220→ 0 total→ Common Shares (220 underlying)
Footnotes (4)
- [F1]Represents an adjustment for dividends to the 5,988 Restricted Share Units awarded to the Reporting Person on December 16, 2015 as part of the share-based portion of his fee for service as a Director, as provided in the Reporting Person's Award Agreement.
- [F2]Represents the vesting of 5,988 Restricted Share Units awarded to the Reporting Person on December 16, 2015 as part of the share-based portion of his fee for services as Director.
- [F3]Each Restricted Share Unit represents a contingent right to receive one common share of the Issuer.
- [F4]All of the Restricted Share Units shall become vested on the earlier of (a) the date on which the Issuer holds its 2016 Annual Meeting if the Participant has remained in continuous Service from the Grant Date through the Annual Meeting, (b) the date, within ninety (90) days after a Sale Event, on which no Directors as of the date of the Award Agreement remains a member of the Board and (c) July 1, 2016 (provided that the Participant has remained in continuous Service from the Grant Date through July 1, 2016). Capitalized terms used herein shall have the meanings assigned to them in the Award Agreement.
Documents
Issuer
CIFC LLC
CIK 0001649709
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001649709
Filing Metadata
- Form type
- 4
- Filed
- Jul 4, 8:00 PM ET
- Accepted
- Jul 5, 12:38 PM ET
- Size
- 29.6 KB