SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GECHT GUY

(Last) (First) (Middle)
303 VELOCITY WAY

(Street)
FOSTER CITY CA 94404

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
ELECTRONICS FOR IMAGING INC [ EFII ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Unit (RSU) (1) 08/10/2011 A 71,500 (2) 08/15/2014 Common Stock 71,500 $0 71,500 D
Restricted Stock Unit (RSU) (1) 08/10/2011 A 58,500 (3) (3) Common Stock 58,500 $0 58,500 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive on vesting one share of the issuer's common stock.
2. 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.
3. 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 08/12/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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