1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Performance-based Restricted Stock Units
|
Â
(2)
|
Â
(2)
|
Common Stock
|
17,822
(2)
|
$
0
|
D
|
Â
|
Performance-based Restricted Stock Units
|
Â
(3)
|
Â
(3)
|
Common Stock
|
6,079
(3)
|
$
0
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Includes shares that are issuable pursuant to Restricted Stock Units (10,831 shares will vest on March 1, 2017, 20,956 shares will vest on June 1, 2017, 13,907 shares will vest on September 1, 2017, 10,831 shares will vest on March 1, 2018, 22,454 shares will vest on June 1, 2018 and 14,204 shares will vest on June 1, 2019). |
(2) |
On June 10, 2014, the Reporting Person was granted Performance-based Restricted Stock Units ("PRUs") with a target of 23,244 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2015, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2016 and 2017, based on, and subject to further adjustments as a result of, the achievement of certain other performance criteria (but in no event will the Reporting Person earn less than 50% of the Eligible Shares), provided that the Reporting Person is employed by the Issuer through March 31, 2017. The performance criterion for fiscal 2015 and fiscal 2016 was partially satisfied, resulting in 17,822 shares becoming Eligible Shares. |
(3) |
On June 10, 2015, the Reporting Person was granted PRUs with a target of 14,975 shares. The PRU provides that, depending on the Issuer's achievement of the performance criterion for fiscal 2016, 0% to 133% of the target shares will be eligible (the "Eligible Shares") to be earned at the end of fiscal 2017 and 2018, based on, and subject to further adjustments as a result of, the achievement of certain other performance criteria (but in no event will the Reporting Person earn less than 50% of the Eligible Shares), provided that the Reporting Person is employed by the Issuer through March 30, 2018. The performance criterion for fiscal 2016 was partially satisfied, resulting in 6,079 shares becoming Eligible Shares. |