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