4: Statement of changes in beneficial ownership of securities
Published on May 30, 2017
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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 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) |
(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 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 | (1) | 05/30/2017 | C(2) | 2,150 | 06/30/2016(3) | 03/31/2017 | Common Stock | 2,150 | $ 0 | 0 | D | ||||
Restricted Stock | (1) | 05/30/2017 | C(2) | 5,072 | 09/30/2016(4) | 03/31/2017 | Common Stock | 5,072 | $ 0 | 0 | D | ||||
Stock Option (Right to Buy) | $ 4.78 | 07/15/2016(5) | 07/15/2020 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Option (Right to Buy) | $ 9.11 | 07/28/2017(6) | 07/28/2021 | Common Stock | 8,333 | 8,333 | D | ||||||||
Stock Option (Right to Buy) | $ 7.27 | 05/25/2017 | A | 10,000 | 05/25/2018(7) | 05/25/2022 | Common Stock | 10,000 | $ 7.27 | 10,000 | D | ||||
Restricted Stock | (1) | 05/25/2017 | A | 8,667 | 06/30/2017(8) | (9) | Common Stock | 8,667 | $ 0 | 8,667 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
TETRAULT LYNN A. 12701 COMMONWEALTH DRIVE SUITE 9 FORT MYERS, FL 33913 |
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Signatures
Lynn A. Tetrault | 05/30/2017 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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) | Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit. |
(2) | Restricted stock has vested and restricted stock certificate issued for shares of the company's common stock. |
(3) | 537.5 shares will vest on June 30, 2016 and thereafter, 537.5 shares will vest on the last day of each calendar quarter for the next three fiscal quarters up to March 31, 2017. |
(4) | 1,690.6 shares will vest on September 30, 2016 and thereafter, 1,690.7 shares will vest on the last day of each calendar quarter for the next two fiscal quarters up to March 31, 2017. |
(5) | On July 15, 2015, Lynn Tetrault was granted 10,000 stock options. The options vest ratably on the next three anniversary dates of the grant date. |
(6) | On July 28, 2016, Lynn Tetrault was granted 8,333 stock options. The options vest ratably over the first three anniversary dates of the grant date. |
(7) | On May 25, 2017, Lynn Tetrault was granted 10,000 stock options. The options vest ratably on the next three anniversary dates of the grant date. |
(8) | The restricted stock will vest as follows; 2,166 units at June 30, 2017 and thereafter, 2,167 shares will vest on the last day of each calendar quarter for the next three fiscal quarters up to March 31, 2018. |
(9) | These restricted stock units will terminate upon the earliest of death, termination of employment or the last vesting date. |