Filing Details

Accession Number:
0001171843-17-001259
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-03-01 20:39:01
Reporting Period:
2017-02-23
Filing Date:
2017-03-01
Accepted Time:
2017-03-01 20:39:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1059262 Sp Plus Corp SP Services-Auto Rental & Leasing (No Drivers) (7510) 161171179
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1291196 John Ricchiuto C/O Sp Plus Corporation
200 E. Randolph Street, Suite 7700
Chicago IL 60601
Executive Vice President 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 4,843 $31.40 53,820 No 4 A Direct
Common Stock Disposition 2017-02-27 1,616 $31.33 52,204 No 4 F Direct
Common Stock Disposition 2017-02-28 1,900 $31.76 50,304 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 F Direct
No 4 S Direct
Footnotes
  1. The acquisition of shares of SP Plus common stock represents the vesting of performance share units (PSUs) previously awarded to the reporting person on September 30, 2014, and made effective as of January 1, 2014, under the SP Plus Corporation Long-Term Incentive Plan. The PSUs were earned on February 23, 2017, and settled in shares of SP Plus common stock on a one-for-one basis. The PSUs vested solely upon achievement of pre-established performance targets for SP Plus's adjusted pre-tax free cash flow over a three-year performance period.
  2. Upon acquisition of the PSUs, the reporting person automatically sold, solely for purposes of satisfying the resulting tax-withholding obligations, a number of shares of SP Plus common stock sufficient to enable the reporting person to satisfy such tax-withholding obligations.
  3. Includes 42,000 restricted stock units previously granted to the reporting person.
  4. The reporting person holds the shares in a joint account with his spouse.