Home > Insider Trading > Filing (0001590503-17-000065)

Filing Details

Accession Number:: 0001590503-17-000065
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2017-03-14 17:01:11
Reporting Period:: 2017-03-13

Filing Date:: 2017-03-14
Accepted Time:: 2017-03-14 17:01:11
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1411574	Surgical Care Affiliates Inc.	SCAI	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1248908	P Andrew Hayek	C/O Surgical Care Affiliates, Inc. 510 Lake Cook Road, Suite 400 Deerfield IL 60015	Chief Executive Officer	Yes	Yes	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2017-03-13	3,124	$11.18	311,825	No	4	M	Indirect	See Explanation of Responses
Common Stock	Disposition	2017-03-13	3,124	$56.63	308,701	No	4	S	Indirect	See Explanation of Responses

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Indirect	See Explanation of Responses
No	4	S	Indirect	See Explanation of Responses

Reported Derivative Transactions

Show Other Fields >>

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Options to Purchase Common Stock	Disposition	2017-03-13	3,124	$0.00	3,124	$11.18

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
95,605		2020-03-24	No	4	M	Indirect

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	22,556	Indirect	By Spouse of Reporting Person

Reported Derivative Holdings

Show Other Fields >>

Sec. Name	Sec. Type	Price	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Options to Purchase Common Stock	$8.72	2020-03-24	43,902	43,902	Indirect
Common Stock	Options to Purchase Common Stock	$12.41	2023-05-06	182,926	182,926	Indirect
Common Stock	Options to Purchase Common Stock	$29.02	2024-09-17	135,682	135,682	Indirect
Common Stock	Options to Purchase Common Stock	$38.35	2025-06-04	102,113	102,113	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2020-03-24	43,902	43,902	Indirect
2023-05-06	182,926	182,926	Indirect
2024-09-17	135,682	135,682	Indirect
2025-06-04	102,113	102,113	Indirect

Footnotes

Includes 256,524 shares of Common Stock underlying restricted stock units ("RSUs") of the issuer, all of which are subject to time-based vesting. As of the date hereof, 68,292 of the RSUs were vested and are settled on the earlier of the individual's termination of employment or a change in control of the issuer. The RSUs vest on the following schedule and are settled on each applicable vesting date: 19,068 RSUs vesting on June 4, 2017, 25,198 RSUs vesting on September 17, 2017, 23,568 RSUs vesting on March 2, 2018, 19,068 RSUs vesting on June 4, 2018, 25,198 RSUs vesting on September 17, 2018, 23,567 RSUs vesting on March 2, 2019, 19,067 RSUs vesting on June 4, 2019, 23,567 RSUs vesting on March 2, 2020 and 9,931 RSUs vesting on March 2, 2021.
Mr. Hayek is the sole trustee of the Andrew Hayek 2008 Living Trust, which directly owns all of the securities reported on this line.
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan.
This price represents the weighted average sale price (rounded to the nearest cent) for multiple transactions reported on this line. The prices of the transactions reported on this line ranged from $56.62 to $56.65. Upon request by the Commission staff, the issuer or a security holder of the issuer, the reporting person will undertake to provide full information regarding the number of shares sold at each separate price.
This line contains a combination of both time-based and performance-based options which, as of September 16, 2013, were fully vested.
All of the options are time-based options which, as of March 24, 2015, were fully vested.
The option provides for vesting in equal annual installments on May 6, 2014, May 6, 2015, May 6, 2016 and May 6, 2017.
The option provides for vesting in equal annual installments on September 17, 2015, September 17, 2016, September 17, 2017 and September 17, 2018.
The option provides for vesting in equal annual installments on June 4, 2016, June 4, 2017, June 4, 2018 and June 4, 2019.