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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | (1) | 05/09/2017 | A | 79,638 | (1) | (1) | Common Stock | 79,638 | $ 0 | 79,638 | D | ||||
Restricted Stock Units | (2) | 05/09/2017 | A | 38,610 | (2) | (2) | Common Stock | 38,610 | $ 0 | 38,610 | D | ||||
Employee Stock Options (Right to Buy) | $ 12.95 | 05/09/2017 | A | 604,230 | (3) | 05/09/2024 | Common Stock | 604,230 | $ 0 | 604,230 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lynch John J Jr C/O HOUGHTON MIFFLIN HARCOURT CO. 125 HIGH STREET BOSTON, MA 02110 |
See remarks |
/s/ William F. Bayers, Attorney-in-Fact | 05/11/2017 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | This grant of restricted stock units has a vesting schedule of three equal installments (one on each of the first three anniversaries of February 28, 2017), subject to continued employment with Houghton Mifflin Harcourt Company (the "Company"). Each restricted stock unit represents a contingent right to receive one share of common stock. |
(2) | This grant of restricted stock units has a vesting schedule of three equal installments (one on each of the first three anniversaries of the grant date), generally subject to continued employment with the Company, except that such restricted stock units shall vest immediately in the event of termination without cause or resignation for good reason. Each restricted stock unit represents a contingent right to receive one share of common stock. |
(3) | This grant of employee stock options has a vesting schedule of four equal installments (one on each of the first four anniversaries of the grant date), generally subject to continued employment with the Company, except that such employee stock options shall vest immediately in the event of termination without cause or resignation for good reason. |
Remarks: President and Chief Executive Officer. William F. Bayers is the Executive Vice President, Secretary and General Counsel of the Company. |