0001181431-11-045320.txt : 20110812
0001181431-11-045320.hdr.sgml : 20110812
20110812171049
ACCESSION NUMBER: 0001181431-11-045320
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110810
FILED AS OF DATE: 20110812
DATE AS OF CHANGE: 20110812
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GECHT GUY
CENTRAL INDEX KEY: 0001116233
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-18805
FILM NUMBER: 111032208
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ELECTRONICS FOR IMAGING INC
CENTRAL INDEX KEY: 0000867374
STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576]
IRS NUMBER: 943086355
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 303 VELOCITY WAY
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
BUSINESS PHONE: 6503573500
MAIL ADDRESS:
STREET 1: 303 VELOCITY WAY
CITY: FOSTER CITY
STATE: CA
ZIP: 94404
4
1
rrd319855.xml
FORM 4
X0304
4
2011-08-10
0
0000867374
ELECTRONICS FOR IMAGING INC
EFII
0001116233
GECHT GUY
303 VELOCITY WAY
FOSTER CITY
CA
94404
1
1
0
0
Chief Executive Officer
Restricted Stock Unit (RSU)
2011-08-10
4
A
0
71500
0
A
2014-08-15
Common Stock
71500
71500
D
Restricted Stock Unit (RSU)
2011-08-10
4
A
0
58500
0
A
Common Stock
58500
58500
D
Each restricted stock unit represents a contingent right to receive on vesting one share of the issuer's common stock.
This is a performance-based award. One-third of the award will vest if the company achieves revenue of $610 million representing 21% revenue growth over 2010 levels and non-GAAP operating income of 12% over four consecutive quarters by the end of the issuer's fourth fiscal quarter of 2012; one-third of the award will vest if the company achieves revenue of $655 million representing 30% revenue growth over 2010 levels and non-GAAP operating income of 13% over four consecutive quarters by the end of the issuer's second fiscal quarter of 2013; and one-third of the award will vest if the company achieves revenue of $706 million representing 40% revenue growth from 2010 levels and non-GAAP operating income of 15% over four consecutive quarters by the end of the issuer's second fiscal quarter of 2014. In each case, vesting of the award is subject to Mr. Gecht's continued employment with the issuer through the applicable vesting date.
This restricted stock unit award will vest with respect to one-third of the award on each of August 15, 2012, August 15, 2013 and August 15, 2014, subject to Mr. Gecht's continued employment with the issuer through the applicable vesting date.
/s/ GUY GECHT
2011-08-12