4//SEC Filing
Maggs Michael Kelley 4
Accession 0001209191-18-024107
CIK 0001564822other
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 4:58 PM ET
Size
9.8 KB
Accession
0001209191-18-024107
Insider Transaction Report
Form 4
Maggs Michael Kelley
See Remarks
Transactions
- Tax Payment
Common Stock, par value $0.01
2018-04-03$54.10/sh−2,758$149,208→ 54,958 total - Exercise/Conversion
Performance Shares
2018-04-03−8,001→ 0 totalFrom: 2018-04-03Exp: 2018-04-03→ Common Stock, par value $0.01 (8,001 underlying) - Exercise/Conversion
Common Stock, par value $0.01
2018-04-03+8,001→ 57,716 total
Footnotes (4)
- [F1]On April 1, 2015, the Reporting Person was awarded 5,334 target performance shares with a three-year performance period ending March 31, 2018 pursuant to the Pinnacle Foods Inc. (the "Company") 2013 Omnibus Incentive Plan. On April 3, 2018, the Compensation Committee of the Board of Directors approved a payout of 150% of the target performance shares under the performance standards set in 2015, based on the relative Total Shareholder Return ("TSR") of the Company as compared to the TSR of each of the companies in the Company's peer group over the period beginning April 1, 2015 and ending March 31, 2018. On April 3, 2018, the Reporting Person acquired 8,001 shares of the Company's common stock ("shares") upon the vesting of the performance shares.
- [F2]Each performance share represents a contingent right to receive one share. The Reporting Person received one share for each performance share that vested.
- [F3]2,758 shares were withheld automatically in order to satisfy the tax liability that arose upon vesting of the performance shares.
- [F4]Reflects the closing price of the shares on March 29, 2018.
Documents
Issuer
PINNACLE FOODS INC.
CIK 0001564822
Entity typeother
Related Parties
1- filerCIK 0001570949
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 4:58 PM ET
- Size
- 9.8 KB