SEC Form 4 · accession 0001209191-17-005404
OPTICAL CABLE CORP · OCC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tracy G Smith
Officer — SVP and CFO
Period of report
Jan 20, 2017
Accepted (ET)
Jan 24, 2017 · 6:57 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 | 40,071 | $3.45 | A | 300,138 | D |
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 40,071 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.