SEC Form 4 · accession 0001001907-17-000031
ASTROTECH Corp · ASTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas Boone Pickens III
Officer — Chief Executive Officer · Director · 10% Owner
Period of report
May 9, 2017
Accepted (ET)
May 11, 2017 · 3:44 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001001907
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 OptionsF1 | $1.17 | May 9, 2017 | A | 200,000 | A | — | May 9, 2027 | Common Stock | 200,000 | 412,500 | D |
Explanation of responses
- F1Default vesting is one-third of the total number of Employee Stock Options granted on each of the first three anniversaries of May 9 2017, such that 100% of the Employee Stock Options granted shall be fully vested and exercisable on May 9, 2020, subject to Employee's continuous employment with the Issuer through each such applicable anniversary.