0001209191-15-028271.txt : 20150320
0001209191-15-028271.hdr.sgml : 20150320
20150320171323
ACCESSION NUMBER: 0001209191-15-028271
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20150318
FILED AS OF DATE: 20150320
DATE AS OF CHANGE: 20150320
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SCIQUEST INC
CENTRAL INDEX KEY: 0001082526
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 562127592
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 6501 WESTON PARKWAY
STREET 2: SUITE 200
CITY: CARY
STATE: NC
ZIP: 27513
BUSINESS PHONE: 9196592100
MAIL ADDRESS:
STREET 1: 6501 WESTON PARKWAY
STREET 2: SUITE 200
CITY: CARY
STATE: NC
ZIP: 27513
FORMER COMPANY:
FORMER CONFORMED NAME: SCIQUEST COM INC
DATE OF NAME CHANGE: 19990914
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HOWARD RUDY
CENTRAL INDEX KEY: 0001108161
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34875
FILM NUMBER: 15717012
MAIL ADDRESS:
STREET 1: 322 WINDCHASE LANE
CITY: WILMINGTON
STATE: NC
ZIP: 28409
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-03-18
0
0001082526
SCIQUEST INC
SQI
0001108161
HOWARD RUDY
3020 CARRINGTON MILL BLVD.
SUITE 100
MORRISVILLE
NC
27560
0
1
0
0
Chief Financial Officer
Restricted Stock Unit
2015-03-18
4
A
0
17889
0.00
A
Common Stock
17889
32505
D
Performance-Based Restricted Stock Unit
2015-03-18
4
A
0
17889
0.00
A
2018-03-18
Common Stock
17889
17889
D
Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of common stock upon vesting without consideration.
The RSUs were granted on March 18, 2015 and vest in four equal installments on each anniversary of the grant date until March 18, 2019.
Shares of common stock will be issuable with respect to the RSUs upon the earlier to occur of the fifth anniversary of the grant date and a change of control of the Company.
Each Performance-Based Restricted Stock Unit ("PSU") represents a contingent right to receive shares of common stock upon vesting without consideration based on the performance of the Company's common stock as compared to the Russell 2000 Index (the "Index").
The target number of shares issuable pursuant to the PSUs is 17,889, with the actual number of shares issuable being variable based on the over- or under-performance of the Company's stock price compared to the Index during the three-year period following the grant date. If the Company's common stock under-performs the Index, the number of shares issuable pursuant to the PSUs will be reduced from the target number of shares at a rate of 2 to 1 (two-percentage point reduction in target shares for each percentage point of under-performance). If the Company's common stock outperforms the Index, the number of shares issuable pursuant to the PSUs will be increased from the target shares at a rate of 2 to 1 (two-percentage point increase in the number of target shares for each percentage point of over-performance), up to 200% of the target shares.
The shares subject to the PSUs are to be issued within 30 days following vesting.
/s/ Grant W. Collingsworth, attorney-in-fact for Rudy C. Howard
2015-03-20
EX-24.4_572476
2
poa.txt
POA DOCUMENT
LIMITED POWER OF ATTORNEY FOR
SECTION 16 REPORTING OBLIGATIONS
Know all by these present, that the undersigned, Rudy C. Howard, hereby makes,
constitutes and appoints Jennifer G. Kaelin, Christopher Barbee, John Lawlor,
Grant W. Collingsworth and Seth K. Weiner, or any of them signing singly, the
undersigned's true and lawful attorney-in-fact, with full power and authority as
hereinafter described on behalf of and in the name, place and stead of the
undersigned to:
(1) prepare, execute, acknowledge, deliver and file a Form ID and Forms 3, 4,
and 5 (including any amendments thereto) with respect to the securities of
SciQuest, Inc., a Delaware corporation (the "Company"), with the United States
Securities and Exchange Commission, any national securities exchanges and the
Company, as considered necessary or advisable under Section 16(a) of the
Securities Exchange Act of 1934 and the rules and regulations promulgated
thereunder, as amended from time to time (the "Exchange Act");
(2) seek or obtain, as the undersigned's representative and on the undersigned's
behalf, information on transactions in the Company's securities from any third
party, including brokers, employee benefit plan administrators and trustees, and
the undersigned hereby authorizes any such person to release any such
information to the undersigned and approves and ratifies any such release of
information; and
(3) perform any and all other acts that in the discretion of such
attorney-in-fact are necessary or desirable for and on behalf of the undersigned
in connection with the foregoing.
The undersigned acknowledges that:
(1) this Power of Attorney authorizes, but does not require, such
attorney-in-fact to act in their discretion on information provided to such
attorney-in-fact without independent verification of such information;
(2) any documents prepared and/or executed by such attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney will be in such form and will
contain such information and disclosure as such attorney-in-fact, in his or her
discretion, deems necessary or desirable;
(3) neither the Company nor such attorney-in-fact assumes (i) any liability for
the undersigned's responsibility to comply with the requirement of the Exchange
Act, (ii) any liability of the undersigned for any failure to comply with such
requirements, or (iii) any obligation or liability of the undersigned for profit
disgorgement under Section 16(b) of the Exchange Act; and
(4) this Power of Attorney does not relieve the undersigned from responsibility
for compliance with the undersigned's obligations under the Exchange Act,
including without limitation the reporting requirements under Section 16 of the
Exchange Act.
The undersigned hereby gives and grants the foregoing attorney-in-fact full
power and authority to do and perform all and every act and thing whatsoever
requisite, necessary or appropriate to be done in and about the foregoing
matters as fully to all intents and purposes as the undersigned might or could
do if present, hereby ratifying all that such attorney-in-fact of, for and on
behalf of the undersigned, shall lawfully do or cause to be done by virtue of
this Limited Power of Attorney.
This Power of Attorney shall remain in full force and effect until revoked by
the undersigned in a signed writing delivered to such attorney-in-fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be
executed as of this 20th day of September, 2010
Signature: /s/ Rudy C. Howard
Name: Rudy C. Howard