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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 | ||||||||
Options to purchase common stock | $ 4.45 | 08/28/2017 | F | 12,000 (1) | 09/04/2013 | 09/04/2017 | Common Stock | 12,000 | $ 0 | 0 | D | ||||
Options to purchase common stock | $ 4.45 | 08/28/2017 | F | 12,000 (1) | 09/04/2014 | 09/04/2017 | Common Stock | 12,000 | $ 0 | 0 | D | ||||
Options to purchase common stock | $ 4.45 | 08/28/2017 | F | 2,552 (1) | 09/04/2015 | 09/04/2017 | Common Stock | 2,552 | $ 0 | 0 | D | ||||
Options to purchase common stock | $ 4.45 | 08/28/2017 | M | 9,448 (1) | 09/04/2015 | 09/04/2017 | Common Stock | 9,448 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Klugewicz Sharon W 3661 HORSEBLOCK ROAD MEDFORD, NY 11763 |
President, Americas |
/s/ Sharon Klugewicz | 08/29/2017 | |
**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) | The reporting person exercised options to acquire 9,448 shares of common stock by submitting and relinquishing to the issuer options to purchase an additional 26,552 shares of common stock. These additional options to purchase 26,552 shares of common stock constituted payment of the exercise price, using the 10-day volume weighted average price dated August 25, 2017 of $6.0334. As a result of this transaction, the reporting person increased her stock ownership by 9,448 shares of common stock and reduced the number of options owned by 36,000 (9,448 exercised plus 26,552 used to pay the exercise price). |