0001181431-13-012876.txt : 20130226
0001181431-13-012876.hdr.sgml : 20130226
20130226193750
ACCESSION NUMBER: 0001181431-13-012876
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20130222
FILED AS OF DATE: 20130226
DATE AS OF CHANGE: 20130226
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: 13644607
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
rrd371419.xml
X0306
4
2013-02-22
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
2013-02-22
4
M
0
13283
A
196678
D
Common Stock
2013-02-22
4
F
0
6932
23.38
D
189746
D
Common Stock
2013-02-22
4
M
0
10824
A
200570
D
Common Stock
2013-02-22
4
F
0
5648
23.38
D
194922
D
Restricted Stock Unit (RSU)
2013-02-22
4
M
0
13283
0
D
2013-03-11
Common Stock
13283
5348
D
Restricted Stock Unit (RSU)
2013-02-22
4
D
0
5348
0
D
2013-02-22
Common Stock
5348
0
D
Restricted Stock Unit (RSU)
2013-02-22
4
M
0
10824
0
D
2013-03-11
Common Stock
10824
7807
D
Restricted Stock Unit (RSU)
2013-02-22
4
D
0
7807
0
D
2013-02-22
Common Stock
7807
0
D
Restricted Stock Unit (RSU)
2013-02-22
4
A
0
14084
0
A
2014-03-10
Common Stock
14084
14084
D
Restricted Stock Unit (RSU)
2013-02-22
4
A
0
14084
0
A
2014-03-10
Common Stock
14084
14084
D
These shares of common stock result from vesting of a portion of the performance-based (revenue) restricted stock units granted to the reporting person under the EFI 2012 Executive Team Performance Bonus Program (the "2012 Executive 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 from vesting of a portion of the performance-based (non-GAAP net income) restricted stock units granted to the reporting person under the 2012 Executive 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 to the reporting person in February 2012 in execution of the 2012 Executive Bonus Program. Based on the level of achievement of the issuer's 2012 revenue, a portion of this restricted stock unit award vested on February 22, 2013. The unvested portion was forfeited, in accordance with the terms of this program.
This corresponds to the unvested portion of the performance-based (revenue) restricted stock units granted to the reporting person under the 2012 Executive Bonus Program in February 2012 that was forfeited as noted above.
This is a performance-based award granted to the reporting person in February 2012 in execution of the 2012 Executive Bonus Program. Based on the level of achievement of the issuer's 2012 non-GAAP operating income, a portion of this restricted stock unit award vested on February 22, 2013. The unvested portion was forfeited, in accordance with the terms of this program.
This corresponds to the unvested portion of the performance-based (non-GAAP operating income) restricted stock units granted to the reporting person under the 2012 Executive Bonus Program in February 2012 that was forfeited as noted above.
This is a performance-based award granted in execution of the EFI 2013 Section 16 Officer - Executive Performance Bonus Program. The vesting of this restricted stock unit award will be determined based on the issuer's 2013 revenue target achievement, subject to the issuer achieving a minimum threshold for 2013 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 10, 2014.
This is a performance-based award granted in execution of the EFI 2013 Section 16 Officer - Executive Performance Bonus Program. The vesting of this restricted stock unit award will be determined based on the issuer's 2013 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 10, 2014.
/s/ Guy Gecht
2013-02-26