Filing Details
- Accession Number:
- 0001475620-12-000023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-10-09 16:17:20
- Reporting Period:
- 2012-10-04
- Filing Date:
- 2012-10-09
- Accepted Time:
- 2012-10-09 16:17:20
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1487730 | Spectrum Brands Holdings Inc. | SPB | Miscellaneous Electrical Machinery, Equipment & Supplies (3690) | 272166630 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1231601 | Terry Polistina | C/O Spectrum Brands Holdings, Inc. 601 Rayovac Drive Madison WI 53711 | President, Global Appliances | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2012-10-04 | 28,244 | $40.52 | 159,200 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Performance Rights | $0.00 | 2013-09-30 | 88,888 | 88,888 | Direct | |
Common Stock | Performance Rights | $0.00 | 2013-09-30 | 111,111 | 111,111 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2013-09-30 | 88,888 | 88,888 | Direct |
2013-09-30 | 111,111 | 111,111 | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by Mr. Polistina on September 14, 2011.
- Reflects the weighted average price of 28,244 shares of Common Stock of the Issuer sold by Mr. Polistina in multiple transactions on October 4, 2012 at prices ranging from $40.29 to $40.72 per share. Mr. Polistina undertakes to provide upon request by the U.S. Securities and Exchange Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- Each performance right represents a contingent right to receive one share of the Issuer's common stock. Under the Spectrum Brands Holdings, Inc. 2012 Equity Award Plan, up to 50% of such performance rights will vest within 74 days of the Issuer meeting certain adjusted EBITDA and free cash flow performance targets for the year ended September 30, 2012, if Mr. Polistina is employed by the Issuer on such date (the "2012 Award"). In addition, an amount equal to the 2012 Award will vest on September 30, 2013, if Mr. Polistina is employed by the Issuer on such date.
- Each performance right represents a contingent right to receive one share of the Issuer's common stock. Under the Spectrum Brands Holdings, Inc. 2011 Two-Year Equity Award Plan, up to 50% of such performance rights will vest within 74 days of the Issuer meeting certain adjusted EBITDA, free cash flow and strategic integration performance targets for the two years ended September 30, 2012, if Mr. Polistina is employed by the Issuer on such date (the "Two-Year 2012 Award"). In addition, an amount equal to the Two-Year 2012 Award will vest on September 30, 2013, if Mr. Polistina is employed by the Issuer on such date.