SEC Form 4 · accession 0001209191-17-005403
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
Jan 20, 2017
Accepted (ET)
Jan 24, 2017 · 6:55 pm EST
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 | Jan 20, 2017 | A | 92,964 | $3.45 | A | 1,000,464 | D | |
| Common StockF2 | holding | — | — | — | 16,965 | I | By Wilkin Capital Fund I, LLC | |
| Common StockF3 | holding | — | — | — | 315 | I | By Daughter #1 | |
| Common StockF3 | holding | — | — | — | 315 | I | By Daughter #2 | |
| Common StockF3 | holding | — | — | — | 115 | I | By Daughter #3 | |
| Common Stock | holding | — | — | — | 315 | I | By Son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents an award of restricted stock under the issuer's Second Amended and Restated 2011 Stock Incentive Plan. The award in the amount of 92,964 shares vests annually over approximately five years if certain performance goals are achieved in each of fiscal years 2017, 2018, 2019, 2020 and 2021 with the first possible vesting date being January 31, 2018.
- F2The shares are held by Wilkin Capital Fund I, LLC for the benefit of Neil D. Wilkin, Jr.
- F3The 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.