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 Stock Units
|
Â
(1)
|
Â
(1)
|
Common Stock
|
31,447
|
$
(1)
|
D
|
Â
|
Restricted Stock Units
|
Â
(2)
|
Â
(2)
|
Common Stock
|
15,723
|
$
(2)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(3)
|
Â
(3)
|
Common Stock
|
30,637
|
$
(3)
|
D
|
Â
|
Convertible Shares of Platform Delaware Holdings, Inc.
(4)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
68,533
|
$
(5)
|
I
|
By Tartan Holdings, LLC
(5)
|
* |
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) |
Each performance stock unit 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 March 16, 2016 to March 15, 2019. The number of shares reported in column 3 may range from zero to a maximum number of 78,617 shares. |
(2) |
Each restricted stock unit 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. |
(3) |
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. |
(4) |
This amendment to the Initial Statement of Beneficial Ownership of Securities on Form 3, filed on April 8, 2016, is being filed to correct the original Form 3 by adding shares held indirectly by the Reporting Person through his membership in Tartan Holdings, LLC ("Tartan"). |
(5) |
The Reporting Person holds membership interests in Tartan. Tartan holds 6,865,976 shares of common stock of Platform Delaware Holdings, Inc., a subsidiary of the Issuer ("PDH"). Shares of PDH common stock are convertible, at the option of the holder, into a like number of shares of common stock of the Issuer at any time. |