AI assistant
Element Solutions Inc — Director's Dealing 2016
Jun 10, 2016
30916_dirs_2016-06-10_ec2270e4-0b46-4ef7-9e34-56ad49eea193.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 3 — Initial Statement of Beneficial Ownership
Issuer: Platform Specialty Products Corp (PAH)
CIK: 0001590714
Period of Report: 2016-05-31
Reporting Person: Capps John Edward (EVP, General Counsel & Sec.)
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Performance Stock Units | $ | Common Stock (26260.0) | Direct | ||
| Restricted Stock Units | $ | Common Stock (13130.0) | Direct | ||
| Stock Option (Right to Buy) | $9.52 | Common Stock (25615.0) | Direct |
Footnotes
F1: Effective June 8, 2016, the reporting person received a target number of 26,260 performance stock units ("PSU"). Each PSU represents a contingent right to receive one share of the Issuer's common stock and will vest upon the achievements of certain performance levels based on the Issuer's (i) return on invested capital, as measured from January 1, 2016 to December 31, 2018, and (ii) annual compound total shareholder return, as measured from May 31, 2016 to March 15, 2019. The number of shares reported in column 3 may range from zero to a maximum number of 65,650 shares.
F2: Effective June 8, 2016, the reporting person received 13,130 restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock and will vest on March 15, 2019, subject to continuous service.
F3: Effective June 8, 2016, the reporting person received 25,615 stock options. 1/3 of the option shares will vest annually on March 16 over the next three years, subject to continuous service as of each such date.