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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Right to Buy) | $ 11.63 | 11/18/2014(4) | A | 31,250 | (5) | 06/22/2021 | Common Stock | 31,250 | $ 0 | 250,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SUTHERLAND L FREDERICK C/O ARAMARK 1101 MARKET STREET PHILADELPHIA, PA 19107 |
Exec Vice President, CFO |
/s/ Megan Timmins, as Attorney-in-fact | 11/20/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | The date of the transaction represents the date on which the financial performance criteria of a previously granted performance stock unit award were determined to have been satisfied. |
(2) | Represents the number of underlying shares of common stock determined to have been earned on a previously granted performance stock unit award based upon the satisfaction of certain fiscal 2014 financial performance criteria of such award. Also includes dividend equivalents accrued on such award since the date of grant calculated based upon the number of underlying shares of common stock earned. The performance stock unit award is now subject only to time-based vesting, and will vest in equal annual installments on each of December 20, 2014, 2015 and 2016. |
(3) | These shares of common stock are held by a family limited liability company for which Mr. Sutherland serves as a manager. |
(4) | On June 22, 2011, the Reporting Person was granted stock options, subject to time-based and performance-based vesting. On November 18, 2014, it was determined that the performance criteria in respect of fiscal year 2014 were satisfied, and an additional 31,250 stock options will now vest on June 22, 2015. |
(5) | Of the 250,000 stock options reported herein, 62,500 vested on June 22, 2012; 31,250 vested on June 22, 2013; 62,500 vested on June 22, 2014; 31,250 vested based on Issuer's achievement of stock price criteria during fiscal 2014 and 62,500 will vest on June 22, 2015. |