SEC Form 4 · accession 0001209191-15-033158
OPTICAL CABLE CORP · OCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Neil D Wilkin Jr.
Officer — Chairman, President and CEO · Director · 10% Owner
Period of report
Apr 6, 2015
Accepted (ET)
Apr 8, 2015 · 5:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000230
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 6, 2015 | A | 100,432 | $0.00 | A | 906,384 | D | |
| Common StockF2 | holding | — | — | — | 315 | I | By Daughter #1 | |
| Common StockF2 | holding | — | — | — | 315 | I | By Daughter #2 | |
| Common StockF2 | holding | — | — | — | 115 | I | By Daughter #3 | |
| Common StockF2 | holding | — | — | — | 315 | I | By Son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents awards of restricted stock under the issuer's Second Amended and Restated 2011 Stock Incentive Plan. An award in the amount of 50,216 shares vests annually over approximately 3 years with the first vesting date being April 30, 2016. An award in the amount of 50,216 shares vests annually over approximately five years if certain performance goals are achieved in each of fiscal years 2016, 2017, 2018 and 2019 with the first possible vesting date being January 31, 2017.
- F2The reporting person disclaims beneficial ownership of all securities held by his children, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.