0000908834-16-000770.txt : 20161205
0000908834-16-000770.hdr.sgml : 20161205
20161205161704
ACCESSION NUMBER: 0000908834-16-000770
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20161201
FILED AS OF DATE: 20161205
DATE AS OF CHANGE: 20161205
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Spectrum Brands Holdings, Inc.
CENTRAL INDEX KEY: 0001487730
STANDARD INDUSTRIAL CLASSIFICATION: MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
IRS NUMBER: 272166630
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 3001 DEMING WAY
CITY: MIDDLETON
STATE: WI
ZIP: 53562
BUSINESS PHONE: 608-275-3340
MAIL ADDRESS:
STREET 1: P.O. BOX 620992
CITY: MIDDLETON
STATE: WI
ZIP: 53562-0992
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Neu Stacey L
CENTRAL INDEX KEY: 0001658928
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34757
FILM NUMBER: 162033990
MAIL ADDRESS:
STREET 1: C/O SPECTRUM BRANDS HOLDINGS, INC.
STREET 2: 3001 DEMING WAY
CITY: MIDDLETON
STATE: WI
ZIP: 53562
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-12-01
0001487730
Spectrum Brands Holdings, Inc.
SPB
0001658928
Neu Stacey L
C/O SPECTRUM BRANDS HOLDINGS, INC.
3001 DEMING WAY
MIDDLETON
WI
53562
0
1
0
0
SVP of Human Resources
Common Stock
2016-12-01
4
M
0
3878
A
8898
D
Common Stock
2016-12-01
4
F
0
1358
114.39
D
7540
D
Common Stock
2016-12-01
4
M
0
385
A
7925
D
Common Stock
2016-12-01
4
F
0
135
114.39
D
7790
D
Common Stock
2016-12-01
4
M
0
1960
A
9750
D
Common Stock
2016-12-01
4
F
0
973
114.39
D
8777
D
Common Stock
2016-12-01
4
M
0
3831
A
12608
D
Common Stock
2016-12-01
4
F
0
1527
114.39
D
11081
D
Common Stock
2016-12-05
4
D
0
5000
117.40
D
6081
D
Performance Rights
2016-12-01
4
M
0
4263
D
Common Stock
4263
0
D
Performance Rights
2016-12-01
4
M
0
1960
D
Common Stock
1960
1962
D
Performance Rights
2016-12-01
4
M
0
3831
D
Common Stock
3831
6513
D
The remaining 50% of the performance rights granted on December 15, 2014 under the Spectrum Brands Holdings, Inc. 2015 Equity Incentive Plan vested on December 1, 2016, and such performance rights, representing the 2015 EIP Service Award portion of Ms. Neu's 2015 EIP Award, settled for 3,878 shares of the Issuer's common stock.
Represents shares of the Issuer's common stock withheld to satisfy Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2015 EIP Service Award portion of Ms. Neu's 2015 EIP Award.
Ms. Neu also received 385 additional shares, representing the 2015 EIP Additional Award portion of Ms. Neu's 2015 EIP Award, as the Issuer exceeded by a certain percentage the 2015 consolidated cash flow target for the 2015 EIP Performance Award for the fiscal year ended September 30, 2015, and the Issuer's consolidated cash flow results for the fiscal year ended September 30, 2016 were greater than the comparable results for 2015.
Represents shares of the Issuer's common stock withheld to satisfy Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2015 EIP Additional Award portion of Ms. Neu's 2015 EIP Award.
Represents shares of the Issuer's common stock issued upon the vesting of performance rights granted on February 2, 2015 under the Spectrum Brands Holdings, Inc. S2B Plan. 50% of the performance rights vested on December 1, 2016 (the "S2B Performance Vesting Date"), and such performance rights representing the S2B Performance Award portion of Ms. Neu's S2B Award, settled for 1,960 shares of the Issuer's common stock. An additional 1,962 shares will vest on December 1, 2017, the first anniversary of the S2B Performance Vesting Date (such date, the "S2B Service Vesting Date"), if Ms. Neu remains employed by the Issuer on such first anniversary (such amount, the "S2B Service Award").
Represents shares of the Issuer's common stock withheld to satisfy Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the S2B Performance Award portion of Ms. Neu's S2B Award.
Performance rights granted on December 15, 2015 under the Spectrum Brands Holdings, Inc. 2016 Equity Incentive Plan (the "2016 EIP Award") were earned as of December 1, 2016, and 50% of such performance rights, representing the 2016 EIP Performance Award portion of Ms. Neu's 2016 EIP Award, settled for 3,831 shares of the Issuer's common stock.
In addition, 3,831 shares, representing the 2016 EIP Service Award portion of Ms. Neu's 2016 EIP Award, will vest on December 1, 2017 if Ms. Neu remains employed by the Issuer on such first anniversary. Ms. Neu also shall be eligible to receive up to 2,682 additional shares, representing the 2016 EIP Additional Award portion of Ms. Neu's 2016 EIP Award, based on the Issuer exceeding by a certain percentage the 2016 adjusted EBITDA and 2016 consolidated free cash flow targets for the fiscal year ended September 30, 2016. The 2016 EIP Additional Award will vest on December 1, 2017 if Ms. Neu remains employed by the Issuer as of such date and if the Issuer's 2017 adjusted EBITDA and consolidated free cash flow results are equal to or greater than the comparable results for 2016.
Represents shares of the Issuer's common stock withheld to satisfy Ms. Neu's tax withholding obligation upon the vesting and settling of performance rights of the 2016 EIP Performance Award portion of Ms. Neu's 2016 EIP Award.
Each performance right represents a contingent right to receive one share of the Issuer's common stock.
/s/ Nathan E. Fagre, attorney-in-fact
2016-12-05