0000949158-17-000054.txt : 20170522
0000949158-17-000054.hdr.sgml : 20170522
20170522171918
ACCESSION NUMBER: 0000949158-17-000054
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170518
FILED AS OF DATE: 20170522
DATE AS OF CHANGE: 20170522
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CRAY INC
CENTRAL INDEX KEY: 0000949158
STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571]
IRS NUMBER: 930962605
STATE OF INCORPORATION: WA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 901 FIFTH AVENUE
STREET 2: SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
BUSINESS PHONE: 2067012000
MAIL ADDRESS:
STREET 1: 901 FIFTH AVENUE
STREET 2: SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
FORMER COMPANY:
FORMER CONFORMED NAME: TERA COMPUTER CO \WA\
DATE OF NAME CHANGE: 19950809
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HENRY BRIAN C
CENTRAL INDEX KEY: 0001238247
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26820
FILM NUMBER: 17861854
MAIL ADDRESS:
STREET 1: 901 FIFTH AVENUE, SUITE 1000
CITY: SEATTLE
STATE: WA
ZIP: 98164
4
1
wf-form4_149548794355171.xml
FORM 4
X0306
4
2017-05-18
0
0000949158
CRAY INC
CRAY
0001238247
HENRY BRIAN C
C/O CRAY INC., 901 FIFTH AVENUE,
SUITE 1000
SEATTLE
WA
98164
0
1
0
0
Executive VP & CFO
Common Stock
2017-05-19
4
M
0
3500
A
66448
D
Common Stock
2017-05-19
4
F
0
1469
17.70
D
64979
D
Common Stock
2017-05-21
4
F
0
1783
17.70
D
63196
D
Restricted Stock Unit (RSU)
2017-05-18
4
A
0
40000
0
A
Common Stock
40000.0
40000
D
Stock option (right to buy)
18.0
2017-05-18
4
A
0
40000
0
A
2027-05-18
Common Stock
40000.0
40000
D
Restricted Stock Unit (RSU)
2017-05-19
4
M
0
3500
0
D
Common Stock
3500.0
10500
D
Each restricted stock unit represents a contingent right to receive one share of the issuer's Common Stock.
Represents shares of Common Stock that were withheld by the issuer to satisfy applicable withholding taxes in connection with the net settlement of the restricted stock units listed in Table II and does not represent a sale of Common Stock by the reporting person.
Represents the per share closing price of the issuer's Common Stock on the applicable vesting date or, if there was no closing price on such date, the closing price on the trading date that was immediately prior to such vesting date.
Represents shares of Common Stock that were withheld by the issuer to satisfy applicable withholding taxes in connection with the vesting of restricted stock and does not represent a sale of Common Stock by the reporting person.
One-quarter of these shares vest on each of May 18, 2018, May 18, 2019, May 18, 2020 and May 18, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.
One-quarter of these shares vest on May 18, 2018 and 1/48th of these shares vest monthly thereafter, with 100% of the total shares vested and exercisable on May 18, 2021, subject to the reporting person's provision of service to the issuer on each vesting date.
On May 19, 2016, the reporting person was granted 14,000 restricted stock units, with one quarter vesting on each of May 19, 2017, May 19, 2018, May 19, 2019 and May 19, 2020, subject to the reporting person's provision of service to the issuer on each vesting date.
/s/ Michael C. Piraino as attorney-in-fact for Brian C. Henry
2017-05-22