0001428875-18-000131.txt : 20181003
0001428875-18-000131.hdr.sgml : 20181003
20181003202532
ACCESSION NUMBER: 0001428875-18-000131
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20181001
FILED AS OF DATE: 20181003
DATE AS OF CHANGE: 20181003
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Varty Nikhil M
CENTRAL INDEX KEY: 0001406014
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36507
FILM NUMBER: 181106737
MAIL ADDRESS:
STREET 1: CHAUSEE DE WAVRE, 1789
STREET 2: CARE OF WABCO VEHICLE CONTROL SYSTEMS
CITY: BRUSSELS
STATE: C9
ZIP: 1160
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SERVICEMASTER GLOBAL HOLDINGS INC
CENTRAL INDEX KEY: 0001428875
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MANAGEMENT SERVICES [8741]
IRS NUMBER: 208738510
BUSINESS ADDRESS:
STREET 1: 150 PEABODY PLACE
CITY: MEMPHIS
STATE: TN
ZIP: 38103-3720
BUSINESS PHONE: 901-597-1400
MAIL ADDRESS:
STREET 1: 150 PEABODY PLACE
CITY: MEMPHIS
STATE: TN
ZIP: 38103-3720
4
1
certent-form4.xml
PRIMARY DOCUMENT
X0306
4
2018-10-01
0001428875
SERVICEMASTER GLOBAL HOLDINGS INC
SERV
0001406014
Varty Nikhil M
150 PEABODY PLACE
MEMPHIS
TN
38103
1
1
0
0
Chief Executive Officer
Common Stock
2018-10-01
4
M
0
52521
A
64375
D
Common Stock
2018-10-01
4
F
0
21412
40.6007
D
42963
D
Performance Restricted Stock Units
2018-10-01
4
M
0
52521
D
Common Stock
52521
0
D
Restricted Stock Units
2018-02-18
5
J
0
E
47216
A
Common Stock
47216
47216
D
Employee Stock Options (Right To Buy)
28.56
2017-07-26
5
J
0
E
148049
A
Common Stock
148049
148049
D
Employee Stock Options (Right To Buy)
37.07
2018-02-18
5
J
0
E
145459
A
Common Stock
145459
145459
D
The executive was originally granted 35,562 shares of Performance Restricted Stock Units on July 26, 2017 in connection with the proposed spin-off of the American Home Shield business. Upon the completion of the spin-off on October 1, 2018, the executive's Performance Restricted Stock units were all adjusted in connection with the spin-off based on the closing price of ServiceMaster's stock on September 28, 2018 and the opening price of ServiceMaster's stock on October 1, 2018. These Performance Restricted Share Units settled in SERV common stock on October 1, 2018.
The reporting person is reporting the sale of shares of common stock to satisfy the reporting person's tax withholding obligations in connection with the vesting and delivery of shares.
The price reported in Table I, Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.48-$40.76, inclusive. The reporting person undertakes to provide ServiceMaster, any security holder of ServiceMaster, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this Form 4.
The number of RSU(s), stock options and the exercise price for the stock options were all adjusted in connection with the spin-off based on the closing price of ServiceMaster's stock on September 28, 2018 and the opening price of ServiceMaster's stock on October 1, 2018.
Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on February 18, 2018, and vested and settled in three equal installments on the first three anniversaries of the grant date, subject to the executive's continued employment with the Company.
The stock options were granted on July 26, 2017, and vest and become exercisable in four equal installments on the first anniversary of the grant date, subject to continued employment.
The stock options were granted on February 18, 2018, and vest and become exercisable in four equal installments of the first anniversary of the grant date, subject to continued employment.
Dirk R. Gardner, Attorney In Fact for Nikhil M. Varty
2018-10-03