Central Parking Finance Trust PFD TR CV SECS (CRLKP) Form 4 SP Plus / Robert N Sacks ownership change

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Sacks Robert N

(Last) (First) (Middle)

C/O SP PLUS CORPORATION

200 E. RANDOLPH STREET, SUITE 7700

(Street)

CHICAGO IL 60601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SP Plus Corp [ SP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP, GC & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
11/09/2015

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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	11/09/2015		F		1,520(1)	D	$24.638	59,810(2)	D
Common Stock	11/10/2015		F		351(1)	D	$23.9958	59,459(2)	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 (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 Securities Underlying Derivative Security (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: 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

Explanation of Responses:

1. Represents a sale transaction required to satisfy tax-withholding obligations associated with the vesting of 5,749 restricted stock units.

2. Includes 42,000 restricted stock units previously granted to the reporting person.

Remarks:

On November 9, 2015, one-third of the outstanding restricted stock units granted to the reporting person and other members of the issuer's management team on October 4, 2012, in connection with the issuer's acquisition of Central Parking Corporation, vested and were settled in shares of the issuer's common stock. Pursuant to the terms of the restricted stock unit awards, such vesting was delayed from the original vesting date of October 4, 2015 until immediately after the end of the most recent quarterly "blackout period" under the issuer's insider trading policy. Upon the vesting of the outstanding restricted stock units held by the reporting person (as well as other members of the issuer's management team), the reporting person (as well as each other management team member) automatically sold, solely for purposes of satisfying the resulting tax withholding obligations, a number of shares of the issuer's common stock sufficient to enable the reporting person to satisfy such tax withholding obligations.

	/s/ Jerome L. Pate, as attorney-in-fact for Robert N. Sacks	11/12/2015
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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