SEC Form 4 · accession 0001140361-18-024414
BLONDER TONGUE LABORATORIES INC · BDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nezam Nikoo
Officer — VP - Engineering, CTO
Period of report
May 15, 2018
Accepted (ET)
May 17, 2018 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001000683
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 | May 15, 2018 | A | 12,489 | $0.00 | A | 79,156 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2,F3,F4 | $0.87 | May 15, 2018 | A | 42,500 | A | — | May 15, 2028 | Common Stock par value $0.001 | 42,500 | 42,500 | D |
| Employee Stock Option (right to buy)F5,F6,F7 | $0.87 | May 15, 2018 | A | 26,800 | A | — | May 15, 2028 | Common Stock par value $0.001 | 26,800 | 26,800 | D |
Explanation of responses
- F1Grant of restricted stock award, with shares vesting in three equal installments of one-third each on November 15, 2018, May 15, 2019 and November 15, 2019.
- F2The stock option was granted under the 2016 Employee Equity Incentive Plan.
- F3The exercise price equals the fair market value (equal to the average of the high and low selling prices as reported on the NYSE American) of the common stock on the grant date.
- F4The stock option vests in three equal installments of one-third each on the first, second and third anniversary of the date of grant.
- F5The stock option was granted under the 2016 Employee Equity Incentive Plan.
- F6The exercise price equals the fair market value (equal to the average of the high and low selling prices as reported on the NYSE American) of the common stock on the grant date.
- F7The stock option vests in three equal installments of one-third each on November 15, 2018, May 15, 2019 and November 15, 2019.