Filing Details

Accession Number:
0001181431-13-019201
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-27 18:40:18
Reporting Period:
2013-03-25
Filing Date:
2013-03-27
Accepted Time:
2013-03-27 18:40:18
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
867374 Electronics For Imaging Inc EFII Computer Communications Equipment (3576) 943086355
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1116233 Guy Gecht 303 Velocity Way
Foster City CA 94404
Chief Executive Officer Yes 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 Acquisiton 2013-03-25 43,706 $10.77 215,860 No 4 M Direct
Common Stock Disposition 2013-03-25 18,372 $25.62 197,488 No 4 F Direct
Common Stock Disposition 2013-03-25 13,218 $25.62 184,270 No 4 F Direct
Common Stock Disposition 2013-03-26 12,116 $25.65 172,154 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Disposition 2013-03-25 43,706 $0.00 0 $10.77
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2016-08-28 No 4 M Direct
Footnotes
  1. These shares of common stock were issued upon exercise of stock options granted to the reporting person in August 2009. The exercise of these stock options was effected pursuant to a Rule 10b5-1 plan entered by the reporting person in February 2012 (the "10b5-1 Plan").
  2. Corresponds to the exercise price of the stock options.
  3. Represents shares of common stock withheld by the issuer in payment by the reporting person of the exercise price. This transaction is exempt under Rule 16b-3(e).
  4. Represents shares of common stock withheld by the issuer for tax purposes upon the exercise of stock options by the reporting person. This transaction is exempt under Rule 16b-3(e).
  5. This sale of shares was effected pursuant to the 10b5-1 plan.
  6. This transaction was executed in multiple trades ranging from $25.52 to $25.97. The price reported above reflect the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares and prices at which the transaction was effected.
  7. The exercise of these stock options was effected pursuant to the 10b5-1 plan.
  8. This is a performance-based award granted on August 28, 2009. The vesting of these options is subject to the price of the issuer's common stock, as measured by the average per-share closing price over a period of 20 consecutive trading days (the "average stock price"), attaining specified levels of appreciation over the per-share closing stock price on the date of grant, or $10.77 (the "grant date stock price"), according to the following schedule: 25% of these options were scheduled to vest when the average stock price equals or exceeds $16.16 (150% of the grant date stock price); 25% of these options were scheduled to vest when the average stock price equals or exceeds $18.85 (175% of the grant date stock price); [continued on footnote 9]
  9. 25% of these options will vest when the average stock price equals or exceeds $21.54 (200% of the grant date stock price); and 25% of these options will vest when the average stock price equals or exceeds $24.23 (225% of the grant date stock price). 43,707 of these stock options vested and became exercisable on April 27, 2011. 43,706 of these stock options vested and became exercisable on January 14, 2013. 43,706 of these stock options vested and became exercisable on February 11, 2013, and the final tranche of 43,706 of these stock options vested and became exercisable on March 25, 2013, as reported on this Form 4.