SEC Form 4 · accession 0001209191-17-007073
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 31, 2017
Accepted (ET)
Feb 2, 2017 · 4:12 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 31, 2017 | F | 14,465 | $3.27 | D | 985,999 | 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
- F1The transaction is a result of the partial forfeiture by Executive of unvested restricted shares granted on April 3, 2012 pursuant to the terms of the restricted share awards, whereby a portion of the restricted shares did not vest (and were forfeited) as a result of the Company not meeting certain operating performance-based objectives during certain vesting periods since the date of grant.
- 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.