- Statement of Changes in Beneficial Ownership (4)
20 September 2012 - 11:28PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
BALL GEORGE L
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2. Issuer Name
and
Ticker or Trading Symbol
EDELMAN FINANCIAL GROUP INC.
[
EF
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__
X
__ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Chief Executive Officer
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(Last)
(First)
(Middle)
600 TRAVIS, SUITE 5800
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3. Date of Earliest Transaction
(MM/DD/YYYY)
9/20/2012
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(Street)
HOUSTON, TX 77002
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security
(Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code
(Instr. 8)
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4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock
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9/20/2012
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J
(7)
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585842
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D
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$8.85
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518688
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D
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Common Stock
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9/20/2012
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J
(8)
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518688
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D
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$8.85
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0
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D
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Common Stock
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9/20/2012
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J
(8)
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25551
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D
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$8.85
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0
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I
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By spouse
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Common Stock
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9/20/2012
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J
(8)
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6000
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D
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$8.85
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0
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I
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By trust
(1)
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Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security
(Instr. 3)
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2. Conversion or Exercise Price of Derivative Security
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3. Trans. Date
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3A. Deemed Execution Date, if any
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4. Trans. Code
(Instr. 8)
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5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
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6. Date Exercisable and Expiration Date
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7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
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8. Price of Derivative Security
(Instr. 5)
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9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
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10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
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11. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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(A)
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(D)
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Date Exercisable
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Expiration Date
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Title
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Amount or Number of Shares
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Restricted Stock Units
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$8.85
(2)
(3)
(4)
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9/20/2012
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D
(3)
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51723
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(3)
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(3)
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Common Stock
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51723
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(4)
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68975
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D
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Restricted Stock Units
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$8.85
(2)
(5)
(6)
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9/20/2012
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D
(5)
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33022
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(5)
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(5)
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Common Stock
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33022
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(6)
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51731
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D
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Explanation of Responses:
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(
1)
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Shares held by Bonner S. Ball Family Trust Account
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(
2)
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Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
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(
3)
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Restricted stock units, which provided for vesting of 25% on the date of grant, 50% on March 15, 2013, 75% on March 15, 2014, and 100% on March 15, 2015, were canceled in the merger in exchnage for a cash payment of $8.85 per share.
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(
4)
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The restricted stock units were issued pursuant to the Issuer's 2011 Executive and Key Manager Restricted Stock Unit Sub-Plan.
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(
5)
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Restricted stock units, which provided for vesting of 25% on the date of grant, 50% on March 15, 2012, 75% on March 15, 2013, and 100% on March 15, 2014, were canceled in the merger in exchnage for a cash payment of $8.85 per share.
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(
6)
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The restricted stock units were issued pursuant to the Issuer's 2010 Executive and Key Manager Restricted Stock Unit Sub-Plan.
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(
7)
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Disposed of pursuant to merger agreement among the Issuer, Summer Holdings II, LP, and Summer Merger Sub, Inc. Shares contributed to Lee Summer LP at a value of $8.85 per share.
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(
8)
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Disposed of pursuant to merger agreement among the Issuer, Summer Holdings II, LP, and Summer Merger Sub, Inc. in exchange for $8.85 in cash per share.
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Reporting Owners
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Reporting Owner Name / Address
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Relationships
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Director
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10% Owner
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Officer
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Other
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BALL GEORGE L
600 TRAVIS, SUITE 5800
HOUSTON, TX 77002
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X
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Chief Executive Officer
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Signatures
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John T. Unger agent and attorney in fact for George L. Ball
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9/20/2012
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**
Signature of Reporting Person
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Date
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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*
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If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
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**
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Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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Note:
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File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
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Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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