SEC Form 4 · accession 0001179110-16-023588
BROADWAY FINANCIAL CORP \DE\ · BYFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ruth McCloud
Officer — SVP/CRBO
Period of report
Feb 24, 2016
Accepted (ET)
May 3, 2016 · 12:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001171
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF2,F1 | $1.62 | Feb 24, 2016 | A | 100,000 | A | — | Feb 24, 2026 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The stock option vests 20% annually, beginning on the one year anniversary of the grant date.
- F2Options granted under the Company's 2008 Long-Term Incentive Plan.