4//SEC Filing
ARRIS GROUP INC 4
Accession 0001415889-16-004301
CIK 0001141107operating
Filed
Jan 5, 7:00 PM ET
Accepted
Jan 6, 6:38 PM ET
Size
10.6 KB
Accession
0001415889-16-004301
Insider Transaction Report
Form 4
ARRIS GROUP INCARRS
MARGOLIS LAWRENCE A
EVP/Strategic Pl, Chief Couns.
Transactions
- Disposition to Issuer
Common Stock
2016-01-04−517,125→ 0 total - Disposition to Issuer
Restricted stock (P) 150330
2016-01-04−37,830→ 0 totalExercise: $0.00→ Common Stock (37,830 underlying) - Disposition to Issuer
Restricted stock (P) 140327
2016-01-04−47,140→ 0 totalExercise: $0.00→ Common Stock (47,140 underlying)
Footnotes (4)
- [F1]On 4 January 2016, ARRIS Group, Inc. ("ARRIS") and Pace plc ("Pace") consummated a transaction (the "Combination") pursuant to which each of ARRIS and Pace was acquired by a new English holding company, ARRIS International plc ("New ARRIS"). Under the terms of the Combination (a) New ARRIS acquired Pace pursuant to a scheme of arrangement under UK law and (b) a newly formed subsidiary of New ARRIS merged with and into ARRIS, with ARRIS as the surviving corporation in the merger (the "Merger") and an indirect wholly-owned subsidiary of New ARRIS. At the effective time of the Merger, each ARRIS common share was cancelled and converted into the right to receive one New ARRIS ordinary share. The number here represents shares of ARRIS disposed of pursuant to the Merger.
- [F2]This restricted stock award grant was previously reported on Table I. After further analysis, it was determined that reporting this holding on Table II more accurately reflected the type and intent of the award grant.
- [F3]Represents a restricted stock 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.
- [F4]This restricted stock grant does not have a date of expiration, but will vest pursuant to the predetermined vesting schedule.
Documents
Issuer
ARRIS GROUP INC
CIK 0001141107
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001141107
Filing Metadata
- Form type
- 4
- Filed
- Jan 5, 7:00 PM ET
- Accepted
- Jan 6, 6:38 PM ET
- Size
- 10.6 KB