0001209191-17-044658.txt : 20170710 0001209191-17-044658.hdr.sgml : 20170710 20170710180200 ACCESSION NUMBER: 0001209191-17-044658 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170703 FILED AS OF DATE: 20170710 DATE AS OF CHANGE: 20170710 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ORTHOFIX INTERNATIONAL N V CENTRAL INDEX KEY: 0000884624 STANDARD INDUSTRIAL CLASSIFICATION: SURGICAL & MEDICAL INSTRUMENTS & APPARATUS [3841] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 7 ABRAHAM DE VEERSTRAAT STREET 2: CURACAO CITY: NETHERLANDS ANTILLES STATE: P8 ZIP: 00000 BUSINESS PHONE: 214-937-2000 MAIL ADDRESS: STREET 1: 3451 PLANO PARKWAY CITY: LEWISVILLE STATE: TX ZIP: 75056 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Finegan Michael CENTRAL INDEX KEY: 0001391402 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-19961 FILM NUMBER: 17958706 MAIL ADDRESS: STREET 1: 3451 PLANO PARKWAY CITY: LEWISVILLE STATE: TX ZIP: 75056 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2017-07-03 0 0000884624 ORTHOFIX INTERNATIONAL N V OFIX 0001391402 Finegan Michael 3451 PLANO PARKWAY LEWISVILLE TX 75056 0 1 0 0 Chief Strategy Officer Common Stock 2017-07-03 4 A 0 3254 0.00 A 47522 D Stock Option (right to buy) 46.10 2017-07-03 4 A 0 11355 0.00 A 2027-07-03 Common Stock 11355 11355 D Performance Share Units 0.00 2017-07-03 4 A 0 6508 0.00 A 2020-07-03 Common Stock 6508 6508 D Represents time-based vesting restricted stock that vests in 25% increments on the first, second, third and fourth anniversaries of the grant date, July 3, 2017. These stock options vest in 25% increments on the first, second, third and fourth anniversaries of the grant date, July 3, 2017. Represents market-based vesting performance stock units ("PSUs") that will settle as common stock on a one-for-one basis. The performance period of the grant is defined as July 3, 2017 to July 3, 2020. The PSUs will vest based on the percentile rank of the Company's total shareholder return ("TSR") over the performance period in relation to the TSR of the specified index companies. The index companies are based upon the companies included within the S&P Healthcare Select Sector index as of July 3, 2017, the grant date. In the event that the Company's TSR ranks at the 75th percentile or greater for the performance period, 200% of the PSUs will vest. In the event that the Company's TSR ranks between the 50th percentile and the 75th percentile, 100-200% of the PSUs will vest and 50-100% of the PSUs will vest if the Company's TSR ranks between the 25th percentile and 50th percentile. No PSUs will vest if the Company ranks below the 25th percentile. /s/ Doug Rice, Chief Financial Officer, by power of attorney 2017-07-10