0001562180-16-001807.txt : 20160225
0001562180-16-001807.hdr.sgml : 20160225
20160225165109
ACCESSION NUMBER: 0001562180-16-001807
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160223
FILED AS OF DATE: 20160225
DATE AS OF CHANGE: 20160225
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CIRCOR INTERNATIONAL INC
CENTRAL INDEX KEY: 0001091883
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS FABRICATED METAL PRODUCTS [3490]
IRS NUMBER: 043477276
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: C/O CIRCOR INC
STREET 2: 30 CORPORATE DR., SUITE 200
CITY: BURLINGTON
STATE: MA
ZIP: 01803-4238
BUSINESS PHONE: 7812701200
MAIL ADDRESS:
STREET 1: C/O CIRCOR INC
STREET 2: 30 CORPORATE DR., SUITE 200
CITY: BURLINGTON
STATE: MA
ZIP: 01803-4238
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Sharma Arjun
CENTRAL INDEX KEY: 0001471268
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14962
FILM NUMBER: 161456608
MAIL ADDRESS:
STREET 1: 50 PARK ROW WEST
CITY: PROVIDENCE
STATE: RI
ZIP: 02903
4
1
primarydocument.xml
PRIMARY DOCUMENT
X0306
4
2016-02-23
false
0001091883
CIRCOR INTERNATIONAL INC
CIR
0001471268
Sharma Arjun
30 CORPORATE DR.
SUITE 200
BURLINGTON
MA
01803-4238
false
true
false
false
VP, Business Development
Restricted Stock Unit
0.00
2016-02-23
2016-02-23
4
A
false
1029.00
0.00
A
2017-03-23
2026-02-23
Common Stock
1029.00
1029.00
D
Restricted Stock Unit (MSP)
0.00
2016-02-23
2016-02-23
4
A
false
54.00
0.00
A
2019-02-23
2026-02-23
Common Stock
54.00
54.00
D
Stock Options
38.89
2016-02-23
2016-02-23
4
A
false
8406.00
38.89
A
2017-02-23
2023-02-23
Common Stock
8406.00
8406.00
D
The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on either (i) the annual vesting of the grant or (ii) upon the conclusion of such longer deferral period as the Reporting Person may elect in advance. In either occurrence, (i) or (ii), the RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.
This Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuer Management Stock Purchase Plan (MSPP) whereby certain executives may make an advance election to receive RSUs in lieu of a specified percentage or dollar amount of that executives annual incentive cash bonus under the bonus plan applicable to the executive. The RSUs are issued in whole units at a 33% discount from fair market value of the issuers common stock on the date the underlying bonus is determined and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.
The options generally vest in equal annual installments of one-third of the original stock option grant over a three year period from award date. The options convert into shares of common stock on a one-for-one basis.
/s/ Alan J. Glass, attorney-in-fact
2016-02-25