Filing Details
- Accession Number:
- 0001590503-17-000035
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-02-24 16:00:41
- Reporting Period:
- 2017-02-23
- Filing Date:
- 2017-02-24
- Accepted Time:
- 2017-02-24 16:00:41
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1411574 | Surgical Care Affiliates Inc. | SCAI | Services-Specialty Outpatient Facilities, Nec (8093) | 000000000 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1588091 | Jr. L. Richard Sharff | C/O Surgical Care Affiliates, Inc. 510 Lake Cook Road, Suite 400 Deerfield IL 60015 | General Counsel | 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 | Acquisiton | 2017-02-23 | 6,693 | $12.10 | 41,839 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-02-23 | 12,824 | $11.48 | 54,663 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-02-23 | 19,517 | $56.73 | 35,146 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Options to Purchase Common Stock | Disposition | 2017-02-23 | 6,693 | $0.00 | 6,693 | $12.10 |
| Common Stock | Options to Purchase Common Stock | Disposition | 2017-02-23 | 12,824 | $0.00 | 12,824 | $11.48 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-06-29 | No | 4 | M | Direct | |
| 0 | 2022-03-06 | No | 4 | M | Direct |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Options to Purchase Common Stock | $13.94 | 2022-03-06 | 6,413 | 6,413 | Direct | |
| Common Stock | Options to Purchase Common Stock | $12.41 | 2023-05-06 | 24,390 | 24,390 | Direct | |
| Common Stock | Options to Purchase Common Stock | $29.02 | 2024-09-17 | 21,106 | 21,106 | Direct | |
| Common Stock | Options to Purchase Common Stock | $38.35 | 2025-06-04 | 15,884 | 15,884 | Direct | |
| Common Stock | Options to Purchase Common Stock | $41.25 | 2026-03-02 | 12,067 | 12,067 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-03-06 | 6,413 | 6,413 | Direct |
| 2023-05-06 | 24,390 | 24,390 | Direct |
| 2024-09-17 | 21,106 | 21,106 | Direct |
| 2025-06-04 | 15,884 | 15,884 | Direct |
| 2026-03-02 | 12,067 | 12,067 | Direct |
Footnotes
- Includes 26,070 shares of Common Stock underlying restricted stock units ("RSUs") of the issuer. All of the RSUs vest on the following schedule and are settled on each applicable vesting date: 2,334 RSUs vesting on March 2, 2017, 2,966 RSUs vesting on June 4, 2017, 3,920 RSUs vesting on September 17, 2017, 2,333 RSUs vesting on March 2, 2018, 2,966 RSUs vesting on June 4, 2018, 3,919 RSUs vesting on September 17, 2018, 2,333 RSUs vesting on March 2, 2019, 2,966 RSUs vesting on June 4, 2019 and 2,333 RSUs vesting on March 2, 2020.
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
- This price represents the weighted average sale price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $56.65 to $56.80. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
- All of the options are performance-based options and, as of September 16, 2013, were fully vested.
- All of the options are time-based options which, as of March 6, 2013, were fully vested.
- All of the options are time-based options which, as of March 6, 2016, were fully vested.
- The option provides for vesting in equal annual installments on May 6, 2014, May 6, 2015, May 6, 2016 and May 6, 2017.
- The option provides for vesting in equal annual installments on September 17, 2015, September 17, 2016, September 17, 2017 and September 17, 2018.
- The option provides for vesting in equal annual installments on June 4, 2016, June 4, 2017, June 4, 2018 and June 4, 2019.
- The option provides for vesting in equal annual installments on March 2, 2017, March 2, 2018, March 2, 2019 and March 2, 2020.
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