Statement of Changes in Beneficial Ownership (4)
March 10 2022 - 5:29PM
Edgar (US Regulatory)
FORM 4
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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).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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3235-0287
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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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1. Name and Address of Reporting Person
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Bondi Stephen A |
2. Issuer Name and Ticker or Trading Symbol
HEIDRICK & STRUGGLES INTERNATIONAL INC
[
HSII
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) VP and Controller |
(Last)
(First)
(Middle)
C/O HEIDRICK & STRUGGLES INT'L, INC., 233 S. WACKER DR. SUITE 4900 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
3/8/2022 |
(Street)
CHICAGO, IL 60606
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock (1) | 3/8/2022 | | M | | 900 | A | $37.38 (2) | 17947.933 | D | |
Common Stock (3) | 3/8/2022 | | F | | 264 | D | $37.38 | 17683.933 | D | |
Common Stock (4) | 3/9/2022 | | M | | 1707 | A | $38.24 (2) | 19390.933 | D | |
Common Stock (5) | 3/9/2022 | | F | | 501 | D | $38.24 | 18889.933 | D | |
Common Stock (6) | 3/9/2022 | | M | | 1019 | A | $38.24 (2) | 19908.933 | D | |
Common Stock (7) | 3/9/2022 | | F | | 299 | D | $38.24 | 19609.933 | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
2019 Restricted Stock Units | (2) | 3/8/2022 | | M | | | 900 | (8) | (8) | Common Stock | 900.0 | $0 | 0 | D | |
2020 Restricted Stock Units | (2) | 3/9/2022 | | M | | | 1707 | (9) | (9) | Common Stock | 1707.0 | $0 | 1708 | D | |
2021 Restricted Stock Units | (2) | 3/9/2022 | | M | | | 1019 | (10) | (10) | Common Stock | 1019.0 | $0 | 2039 | D | |
2022 Restricted Stock Units | (11) | 3/9/2022 | | A | | 3138 | | (12) | (12) | Common Stock | 3138.0 | $0 | 3138 | D | |
Explanation of Responses: |
(1) | Reflects the vesting of the third of three installments of Restricted Stock Units ("RSUs") granted on March 8, 2019 ("2019 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(2) | RSUs convert into common stock on a one-for-one basis at the time of vesting. |
(3) | Reflects an aggregate of 264 shares of common stock retained by Heidrick & Struggles International, Inc. (the "Issuer") to satisfy tax withholding obligations with respect to 2019 RSUs that vested on March 8, 2022. |
(4) | Reflects the vesting of the second of three installments of RSUs granted on March 9, 2020 ("2020 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(5) | Reflects an aggregate of 501 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to 2020 RSUs that vested on March 9, 2022. |
(6) | Reflects the vesting of the first of three installments of RSUs granted on March 9, 2021 ("2021 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(7) | Reflects an aggregate of 299 shares of common stock retained by the Issuer to satisfy tax withholding obligations with respect to 2021 RSUs that vested on March 9, 2022. |
(8) | On March 8, 2019, the reporting person was granted 2,698 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(9) | On March 9, 2020, the reporting person was granted 5,122 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(10) | On March 9, 2021, the reporting person was granted 3,058 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
(11) | Each RSU represents a contingent right to receive one share of Issuer common stock. |
(12) | RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant. |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Bondi Stephen A C/O HEIDRICK & STRUGGLES INT'L, INC. 233 S. WACKER DR. SUITE 4900 CHICAGO, IL 60606 |
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| VP and Controller |
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Signatures
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/s/ Kelly A Crosier, Attorney-In-Fact | | 3/10/2022 |
**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). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
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. |
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