4//SEC Filing
ARRIS GROUP INC 4
Accession 0001415889-15-004193
CIK 0001141107operating
Filed
Dec 28, 7:00 PM ET
Accepted
Dec 29, 6:04 PM ET
Size
30.6 KB
Accession
0001415889-15-004193
Insider Transaction Report
Form 4
ARRIS GROUP INCARRS
MARGOLIS LAWRENCE A
EVP/Strategic Pl, Chief Couns.
Transactions
- Tax Payment
Restricted stock (P) 130329
2015-12-24$29.41/sh−21,784$640,667→ 23,646 total - Exercise/Conversion
Restricted stock (T) 130712
2015-12-24−11,466→ 0 total - Exercise/Conversion
Restricted stock (P) 130329
2015-12-24−23,646→ 0 total - Exercise/Conversion
Restricted stock (T) 130329
2015-12-24−5,910→ 0 total - Tax Payment
Restricted stock (T) 130712
2015-12-24$29.41/sh−10,565$310,717→ 11,466 total - Exercise/Conversion
Restricted stock (P) 130712
2015-12-24−3,357→ 0 total - Exercise/Conversion
Restricted stock (T) 140327
2015-12-24−9,200→ 0 total - Tax Payment
Restricted stock (T) 120328
2015-12-24$29.41/sh−4,079$119,963→ 4,427 total - Tax Payment
Restricted stock (P) 130712
2015-12-24$29.41/sh−3,093$90,965→ 3,357 total - Tax Payment
Restricted stock (T) 140327
2015-12-24$29.41/sh−8,477$249,309→ 9,200 total - Exercise/Conversion
Restricted stock (T) 150330
2015-12-24−9,843→ 9,072 total - Gift
Common Stock
2015-10-08−36,500→ 480,625 total - Tax Payment
Restricted stock (T) 150330
2015-12-24$29.41/sh−9,072$266,808→ 0 total - Exercise/Conversion
Restricted stock (T) 120328
2015-10-08−4,427→ 0 total - Exercise/Conversion
Common Stock
2015-12-24+67,849→ 517,125 total - Tax Payment
Restricted stock (T) 130329
2015-12-24$29.41/sh−5,447$160,196→ 5,910 total
Holdings
- 47,140
Restricted stock (P) 140327
- 37,830
Restricted stock (P) 150330
Footnotes (5)
- [F1]In connection with the planned transaction between ARRIS Group, Inc. and Pace plc, pursuant to Section 4985 of the Code, an excise tax may be imposed on the ARRIS officers. To avoid the excise tax becoming due on such equity awards, the ARRIS board of directors approved the accelerated vesting of certain equity awards. The number here represents shares of ARRIS acquired pursuant to the accelerated vesting.
- [F2]Represents an equity award grant that is performance-based and can vest between 0 and 200% of the grant amount based on the Company's shareholder return as compared to the NASDAQ Composite shareholder return over a three-year measurement period. Amount shown reflects maximum vesting of the award at the 200% level.
- [F3]Represents shares withheld to cover payroll tax liability on vesting of previously granted restricted shares.
- [F4]Represents the vested portion of equity award grant converting to common stock.
- [F5]Represents a restricted stock grant which vests in four equal annual installments beginning one year from the grant date.
Documents
Issuer
ARRIS GROUP INC
CIK 0001141107
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001141107
Filing Metadata
- Form type
- 4
- Filed
- Dec 28, 7:00 PM ET
- Accepted
- Dec 29, 6:04 PM ET
- Size
- 30.6 KB