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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 | ||||||||
Restricted Stock Unit (RSU) | (1) | 03/12/2019 | A | 11,900 | (2) | (2) | Common Stock | 11,900 | $ 0 | 11,900 | D | ||||
Restricted Stock Unit (RSU) | (1) | 03/12/2019 | A | 11,900 | (3) | (3) | Common Stock | 11,900 | $ 0 | 11,900 | D | ||||
Restricted Stock Unit (RSU) | (1) | 03/12/2019 | A | 5,952 | (4) | (4) | Common Stock | 5,952 | $ 0 | 5,952 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MUIR WILLIAM D JR 6750 DUMBARTON CIRCLE FREMONT, CA 94555 |
X | CHIEF EXECUTIVE OFFICER |
/s/ William Muir | 03/14/2019 | |
**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) | Each restricted stock unit represents a contingent right to receive one share of the common stock of Electronics For Imaging, Inc. (the "company"). |
(2) | This is the target number of restricted stock units ("RSUs") subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified revenue goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Compensation Committee (the "Committee") of the Board of Directors of the Company after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units. |
(3) | This is the target number of RSUs subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified non-GAAP operating income goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Committee after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units. |
(4) | This is the target number of RSUs subject to a performance-based award granted on March 12, 2019. This RSU award will vest, if and to the extent that the Company achieves specified cash from operations goals for the year ending December 31, 2019, on the later of March 12, 2020 or the vesting date as determined by the Committee after it calculates, reviews and approves the Company's performance for the year ending December 31, 2019. Subject to the performance-based vesting requirements and the reporting person's continued employment through the applicable vesting date, the award will vest between 0% and 200% of the target number of units. |