Sec Form 4 Filing - GECHT GUY @ ELECTRONICS FOR IMAGING INC - 2016-01-29

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
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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1. Name and Address of Reporting Person
GECHT GUY
2. Issuer Name and Ticker or Trading Symbol
ELECTRONICS FOR IMAGING INC [ EFII]
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
(Last) (First) (Middle)
6750 DUMBARTON CIRCLE
3. Date of Earliest Transaction (MM/DD/YY)
01/29/2016
(Street)
FREMONT, CA94555
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 01/29/2016 A( 1 ) V 652 A $ 32.59 384,804 D
Common Stock 02/16/2016 M 10,357 A 395,161 D
Common Stock 02/16/2016 M 29,600 A 424,761 D
Common Stock 02/16/2016 M 15,128 A 439,889 D
Common Stock 02/16/2016 F 24,963 ( 3 ) D $ 38.16 414,926 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (RSUs) ( 4 ) 02/16/2016 M 5,473 ( 5 ) 02/16/2016 Common Stock 5,473 $ 0 0 D
RSUs ( 4 ) 02/16/2016 M 4,884 ( 6 ) 02/16/2016 Common Stock 4,884 $ 0 0 D
RSUs ( 4 ) 02/16/2016 M 29,600 ( 7 ) ( 7 ) Common Stock 29,600 $ 0 29,600 D
RSUs ( 4 ) 02/16/2016 M 15,128 ( 8 ) ( 8 ) Common Stock 15,128 $ 0 15,127 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GECHT GUY
6750 DUMBARTON CIRCLE
FREMONT, CA94555
X Chief Executive Officer
Signatures
/s/ Guy Gecht 02/18/2016
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person is voluntarily reporting the acquisition of shares of common stock of Electronics For Imaging, Inc. (the "Company") pursuant to the Company's Amended and Restated 2000 Employee Stock Purchase Plan. This transaction is also exempt under Rule 16b-3(c). The number of shares reported in column 5 corrects an administrative error in the number of shares reported on the Form 4 filed by the reporting person on August 18, 2015
( 2 )Upon vesting, each restricted stock unit was converted into one share of the Company's common stock.
( 3 )Represents shares of common stock withheld by the issuer for tax purposes upon vesting of RSUs. This transaction is exempt under Rule 16b-3(e).
( 4 )Each RSU represents a contingent right to receive one share of the Company's common stock.
( 5 )This is a performance-based award granted on February 4, 2015. A portion of this RSU award vested on the date on which the Compensation Committee of the Board of Directors of the Company (the "Committee") calculated, reviewed and approved the Company's performance for the year ended December 31, 2015, based on the Company's achievement of the target revenue for such year. The remainder of the award did not vest and was cancelled as of that date. Vesting of the award was subject to the reporting person's continued employment with the Company through the vesting date.
( 6 )This is a performance-based award granted on February 4, 2015. A portion of this RSU award vested on the date on which the Committee calculated, reviewed and approved the Company's performance for the year ended December 31, 2015, based on the Company's achievement of the target non-GAAP operating income for such year. The remainder of the award did not vest and was cancelled as of that date. Vesting of the award was subject to the reporting person's continued employment with the Company through the vesting date.
( 7 )This is a performance-based award granted on August 15, 2013 with vesting contingent upon the achievement of specified revenue and non-GAAP operating income targets over a period of four consecutive quarters ending no later that the Company's fourth fiscal quarter of 2014, second fiscal quarter of 2016 and second fiscal quarter of 2017. In each case, vesting of the award is subject to the reporting person's continued employment with the Company through the applicable vesting date. One third of this RSU award vested on February 16, 2016 based on the Company's achievement of the target revenue and non-GAAP operating income growth levels for the applicable performance period.
( 8 )This is a performance-based award granted on August 15, 2014 with vesting contingent upon the achievement of specified revenue and non-GAAP operating income targets over a period of four consecutive quarters ending no later that the Company's fourth fiscal quarter of 2014, second fiscal quarter of 2016 and second fiscal quarter of 2017. In each case, vesting of the award is subject to the reporting person's continued employment with the Company through the applicable vesting date. One third of this RSU award vested on February 16, 2016 based on the Company's achievement of the target revenue and non-GAAP operating income growth levels for the applicable performance period.

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