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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Fernandez Henry A 7 WORLD TRADE CENTER 250 GREENWICH STREET NEW YORK, NY 10007 |
X | Chairman, CEO and President |
/s/ Cecilia Aza, attorney-in-fact | 01/31/2013 | |
**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) | Represents shares transferred as a gift to the Fernandez 2007 Children's Trust of which the Reporting Person's spouse is the Trustee and his children are the beneficiaries. |
(2) | Reflects (i) the transfer of 200,000 shares from the Reporting Person to the 2012 Grantor Retained Annuity Trust ("GRAT") on December 24, 2012 which changed the Reporting Person's beneficial ownership of such shares from direct to indirect ownership and (ii) the distribution and transfer on December 24, 2012 of 159,295 shares as an annuity payment from the 2010 GRAT to the Reporting Person which changed the Reporting Person's beneficial ownership of such shares from indirect to direct ownership. |
(3) | Includes (i) 53,306 restricted stock units (RSUs) vesting and converting to shares at a rate of 33 1/3% on the first, second and third anniversaries of the grant date and (ii) 26,653 performance stock units (PSUs) representing the minimum payout related to the grant of 53,306 PSUs subject to time- and performance-vesting. The PSUs time-vest at a rate of 50% on each of December 31, 2014 and 2015 and performance-vest (within a range of 50% and 150%) based on the achievement of certain cumulative performance metrics for the 2013 and 2014 fiscal years. The first tranche of PSUs generally converts to shares no earlier than January 1 and no later than March 15, 2015 and the second tranche of PSUs generally converts to shares no earlier than January 1 and no later than March 15, 2016. Each RSU and PSU represents a contingent right to receive one share of MSCI common stock. |
(4) | Mr. Fernandez is trustee and sole annuitant. |