0001181431-12-007962.txt : 20120210 0001181431-12-007962.hdr.sgml : 20120210 20120210204851 ACCESSION NUMBER: 0001181431-12-007962 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20120209 FILED AS OF DATE: 20120210 DATE AS OF CHANGE: 20120210 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: 12594960 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 rrd333750.xml X0304 4 2012-02-09 0 0000867374 ELECTRONICS FOR IMAGING INC EFII 0001116233 GECHT GUY 303 VELOCITY WAY FOSTER CITY CA 94404 1 1 0 0 Chief Executive Officer Common Stock 2012-02-09 4 M 0 17383 A 234408 D Common Stock 2012-02-09 4 F 0 6546 17.29 D 227862 D Common Stock 2012-02-09 4 M 0 26074 A 253936 D Common Stock 2012-02-09 4 F 0 9563 17.29 D 244373 D Restricted Stock Unit (RSU) 2012-02-09 4 M 0 17383 0 D 2012-03-10 Common Stock 17383 0 D Restricted Stock Unit (RSU) 2012-02-09 4 M 0 26074 0 D 2012-03-10 Common Stock 26074 0 D Restricted Stock Unit (RSU) 2012-02-09 4 A 0 18631 18631 A 2013-03-11 Common Stock 18631 18631 D Restricted Stock Unit (RSU) 2012-02-09 4 A 0 18631 18631 A 2013-03-11 Common Stock 18631 18631 D These shares of common stock result from vesting of performance-based (revenue) restricted stock units granted to the reporting person under the EFI 2011 Executive Team Performance Bonus Program. Upon vesting, each restricted stock unit was converted into one share of Electronics For Imaging, Inc. common stock. Represents shares of common stock withheld by the issuer for tax purposes upon vesting of the restricted stock units. This transaction is exempt under Rule 16b-3(e). These shares of common stock result of vesting of performance-based (non-GAAP net income) restricted stock units granted to the reporting person under the EFI 2011 Executive Team Performance Bonus Program. Each restricted stock unit represents a contingent right to receive one share of Electronics For Imaging, Inc. common stock. This is a performance-based award granted in execution of the EFI 2011 Executive Team Performance Bonus Program. Based on the achievement of the issuer's 2011 revenue target and the minimum threshold, this restricted stock unit award vested in full on February 9, 2012. This is a performance-based award granted in execution of the EFI 2011 Executive Team Performance Bonus Program. Based on the achievement of the issuer's 2011 non-GAAP operating income target and the minimum threshold, this restricted stock unit award vested in full on February 9, 2012. This is a performance-based award granted in execution of the EFI 2012 Section 16 Officer - Executive Performance Bonus Program. The vesting of this restricted stock unit award will be determined based on the issuer's 2012 revenue target achievement, subject to the issuer achieving a minimum threshold for 2012 non-GAAP operating income (the "Minimum Threshold"). This award will vest in full or on pro-rata basis, if and as applicable, upon the review of the issuer's performance by the Compensation Committee of the Board of Directors of the issuer and confirmation that the applicable performance requirements have been satisfied (the "Determination Date"), on the later of (1) the first anniversary of the grant date or (2) the Determination Date, subject to Mr. Gecht's continued employment with the issuer through the vesting date; provided, however, that in no event will the vesting date occur later than March 11, 2013. This is a performance-based award granted in execution of the EFI 2012 Section 16 Officer - Executive Performance Bonus Program. The vesting of this restricted stock unit award will be determined based on the issuer's 2012 non-GAAP operating income target achievement, subject also to the issuer achieving the Minimum Threshold. This award will vest in full or on pro-rata basis, if and as applicable, upon the review of the issuer's performance by the Compensation Committee of the Board of Directors of the issuer and confirmation that the applicable performance requirements have been satisfied, on the later of (1) the first anniversary of the grant date or (2) the Determination Date, subject to Mr. Gecht's continued employment with the issuer through the vesting date; provided, however, that in no event will the vesting date occur later than March 11, 2013. /s/ Guy Gecht 2012-02-10