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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES 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(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (1) | (2) | 11/05/2007 | A(1) | 146,444 | (1) | (3) | Common Stock | 146,444 | $ 0 | 146,444 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Lutz Laurent Charles 1676 INTERNATIONAL DRIVE MCLEAN, VA 22102 |
General Counsel and Secretary |
Christine Chang, Attorney-in-Fact for Laurent Charles Lutz | 11/07/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | On November 5, 2007, BearingPoint, Inc. (the "Company") issued an RSU grant for 146,444 RSUs to Mr. Lutz pursuant to his employment agreement with the Company. As previously disclosed, the Company agreed to grant RSUs to Mr. Lutz upon the next business day after an effective registration statement on Form S-8 is filed or is on file with the Securities and Exchange Commission, which Form S-8 became effective on October 22, 2007. Therefore, for purposes of determining the number of RSUs granted to Mr. Lutz, his RSU grant will be treated as if granted on October 23, 2007. Subject to any accelerated vesting as provided in Mr. Lutz's employment agreement, 36,611 of such RSUs vest on December 31 in each of 2007, 2008, 2009 and 2010. |
(2) | Each RSU represents a contingent right to receive one share of the Company's common stock or cash equivalent. |
(3) | The RSU grant does not have an expiration date. |