Sec Form 4 Filing - Pilette Vincent @ ELECTRONICS FOR IMAGING INC - 2013-08-15

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
Pilette Vincent
2. Issuer Name and Ticker or Trading Symbol
ELECTRONICS FOR IMAGING INC [ EFII]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Financial Officer
(Last) (First) (Middle)
303 VELOCITY WAY
3. Date of Earliest Transaction (MM/DD/YY)
08/15/2013
(Street)
FOSTER CITY, CA94404
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 17,954 D
Common Stock 08/15/2013 M 8,250 A 26,204 D
Common Stock 08/15/2013 F 4,305 ( 2 ) D $ 30.63 21,899 D
Common Stock 08/15/2013 M 6,750 A 28,649 D
Common Stock 08/15/2013 F 3,523 ( 2 ) D $ 30.63 25,126 D
Common Stock 08/15/2013 M 9,167 A 34,293 D
Common Stock 08/15/2013 F 4,784 D $ 30.63 29,509 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. T itle 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 Unit (RSU) ( 3 ) 08/15/2013 M 8,250 ( 4 ) 06/30/2014 Common Stock 8,250 $ 0 8,250 D
RSU ( 3 ) 08/15/2013 M 6,750 ( 5 ) 08/15/2014 Common Stock 6,750 $ 0 6,750 D
RSU ( 3 ) 08/15/2013 M 9,167 ( 6 ) 05/18/2015 Common Stock 9,167 $ 0 18,333 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pilette Vincent
303 VELOCITY WAY
FOSTER CITY, CA94404
Chief Financial Officer
Signatures
/s/ Vincent Pilette 08/19/2013
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Upon vesting, each restricted stock unit was converted into one share of Electronics For Imaging, Inc. common stock.
( 2 )Represents shares of common stock withheld by the issuer for tax purposes upon vesting of the restricted stock units. This transaction is exempt under Rule 16b-3(e).
( 3 )Each restricted stock unit represents a contingent right to receive one share of Electronics For Imaging, Inc. common stock.
( 4 )This is a performance-based award granted on August 15, 2011. One third of this RSU award vested on May 23, 2012, based on the company's achievement of the target revenue and non-GAAP operating income growth levels for the applicable performance period; one-third of the award vested on August 15, 2013 based on the company's achievement of the target revenue and non-GAAP operating income growth over four consecutive quarters by the end of the second fiscal quarter of 2013; and the remaining one-third of the award will vest if the company achieves the target revenue and non-GAAP operating income growth over four consecutive quarters by the end of the company's second fiscal quarter of 2014. In each case, vesting of the award is subject to the reporting person's continued employment with the issuer through the applicable vesting date.
( 5 )This restricted stock unit award was granted on August 15, 2011 and is scheduled to vest with respect to 33 1/3% of the units on each of the first, second and third anniversaries of the date of grant, subject to the reporting person's continued employment with the issuer through the applicable vesting date.
( 6 )This is a performance-based award granted on May 18, 2012. One third of this RSU award vested on August 15, 2013, based on the company's achievement of the target revenue and non-GAAP operating income for the applicable performance period; and one-third of the award will vest if the company achieves the target revenue and non-GAAP operating income growth over four consecutive quarters by the end of each of the issuer's second fiscal quarter of 2014 and second fiscal quarter of 2015, respectively. In each case, vesting of the award is subject to the reporting person's continued employment with the issuer through the applicable vesting date.

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