0001171843-18-001625.txt : 20180301
0001171843-18-001625.hdr.sgml : 20180301
20180301192102
ACCESSION NUMBER: 0001171843-18-001625
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180226
FILED AS OF DATE: 20180301
DATE AS OF CHANGE: 20180301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Baumann G Marc
CENTRAL INDEX KEY: 0001291191
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50796
FILM NUMBER: 18659583
MAIL ADDRESS:
STREET 1: 900 NORTH MICHIGAN AVENUE SUITE 1600
CITY: CHICAGO
STATE: IL
ZIP: 60611
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SP Plus Corp
CENTRAL INDEX KEY: 0001059262
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510]
IRS NUMBER: 161171179
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 200 E. RANDOLPH STREET
STREET 2: SUITE 7700
CITY: CHICAGO
STATE: IL
ZIP: 60601-7702
BUSINESS PHONE: 312-274-2000
MAIL ADDRESS:
STREET 1: 200 E. RANDOLPH STREET
STREET 2: SUITE 7700
CITY: CHICAGO
STATE: IL
ZIP: 60601-7702
FORMER COMPANY:
FORMER CONFORMED NAME: SP PLUS Corp
DATE OF NAME CHANGE: 20131202
FORMER COMPANY:
FORMER CONFORMED NAME: STANDARD PARKING CORP
DATE OF NAME CHANGE: 20030506
FORMER COMPANY:
FORMER CONFORMED NAME: APCOA STANDARD PARKING INC /DE/
DATE OF NAME CHANGE: 20011126
4
1
f4_030118baumann.xml
FORM 4
X0306
4
2018-02-26
0
0001059262
SP Plus Corp
SP
0001291191
Baumann G Marc
C/O SP PLUS CORPORATION
200 E. RANDOLPH STREET, SUITE 7700
CHICAGO
IL
60601
1
1
0
0
President & CEO
Common Stock
2018-02-26
4
A
0
12432
36.00
A
48111
D
Common Stock
2018-02-27
4
F
0
5546
35.5999
D
42565
D
The acquisition of shares of SP Plus common stock represents the vesting of performance share units (PSUs) previously awarded to the reporting person on April 9, 2015, and made effective as of January 1, 2015, under the SP Plus Corporation Long-Term Incentive Plan. The PSUs were earned on February 26, 2018, and settled in shares of SP Plus common stock on a one-for-one basis. The PSUs vested solely upon achievement of pre-established performance targets for SP Plus's adjusted pre-tax free cash flow over a three-year performance period.
Upon acquisition of the PSUs, the reporting person automatically sold, solely for purposes of satisfying the resulting tax-withholding obligations, a number of shares of SP Plus common stock sufficient to enable the reporting person to satisfy such tax-withholding obligations.
These shares of SP Plus common stock were sold pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 28, 2017.
The reporting person holds the shares in an account with his spouse as joint tenants with rights of survivorship.
/s/ Jerome L. Pate, as attorney-in-fact for G Marc Baumann
2018-03-01