0000892712-16-001541.txt : 20160325
0000892712-16-001541.hdr.sgml : 20160325
20160325160244
ACCESSION NUMBER: 0000892712-16-001541
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160323
FILED AS OF DATE: 20160325
DATE AS OF CHANGE: 20160325
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: SCHOOL SPECIALTY INC
CENTRAL INDEX KEY: 0001055454
STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DURABLE GOODS [5000]
IRS NUMBER: 390971239
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1226
BUSINESS ADDRESS:
STREET 1: W6316 DESIGN DRIVE
CITY: GREENVILLE
STATE: WI
ZIP: 54942
BUSINESS PHONE: (920) 734-5712
MAIL ADDRESS:
STREET 1: W6316 DESIGN DRIVE
CITY: GREENVILLE
STATE: WI
ZIP: 54942
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Yorio Joseph M.
CENTRAL INDEX KEY: 0001606460
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-24385
FILM NUMBER: 161529798
MAIL ADDRESS:
STREET 1: W6316 DESIGN DRIVE
CITY: GREENVILLE
STATE: WI
ZIP: 54942
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2016-03-23
0001055454
SCHOOL SPECIALTY INC
SCOO
0001606460
Yorio Joseph M.
W6316 DESIGN DRIVE
GREENVILLE
WI
54942
1
1
0
0
President and CEO
Restricted Stock Units
2016-03-23
4
A
0
16304
0
A
2019-03-23
Common Stock
16304
16304
D
The restricted stock units ("RSUs") will vest on the third anniversary of the date of grant based on the 15 day volume weighted average price of the Company's common stock ("15 Day VWAP") on the vesting date. The percentage of RSUs that will vest on the vesting date is as follows: 0% of total RSUs at a 15 day VWAP of less than $108.00; 20% of total RSUs at a 15 Day VWAP of at least $108.00 but less than $118.00; 40% of total RSUs at a 15 day VWAP of at least $118.00 but less than $128.00; 60% of total RSUs at a 15 day VWAP of at least $128.00 but less than $138.00; 80% of total RSUs at a 15 day VWAP of at least $138.00 but less than $148.00; and 100% of total RSUs at a 15 day VWAP of at least $148.00. Any RSUs that vest will be settled in shares of common stock on a 1-for-1 basis.
In the event of a change in control prior to the three year anniversary of the date of grant, the RSUs will vest in accordance with the schedule above substituting the change in control price for the 15 Day VWAP.
Joseph M. Yorio
2016-03-24