SEC Form 4 · accession 0001179110-16-032715
EDGEWATER TECHNOLOGY INC/DE/ · EDGW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Shirley Singleton
Officer — Chairman, President and CEO · Director
Period of report
Dec 7, 2016
Accepted (ET)
Dec 9, 2016 · 4:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001017968
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Dec 7, 2016 | M | 40,000 | $2.84 | A | 363,600 | D | |
| Common Stock | Dec 7, 2016 | M | 40,000 | $6.552 | D | 323,600 | D | |
| Common Stock | Dec 8, 2016 | M | 40,000 | $2.84 | A | 363,600 | D | |
| Common Stock | Dec 8, 2016 | M | 40,000 | $6.6327 | D | 323,600 | D | |
| Common StockF2 | Dec 9, 2016 | M | 105,000 | $2.84 | A | 428,600 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $2.84 | Dec 7, 2016 | M | 40,000 | D | Dec 10, 2010 | Dec 10, 2016 | Common Stock | 40,000 | 145,000 | D |
| Stock OptionF1 | $2.84 | Dec 8, 2016 | M | 40,000 | D | Dec 10, 2010 | Dec 10, 2016 | Common Stock | 40,000 | 105,000 | D |
| Stock OptionF1 | $2.84 | Dec 9, 2016 | M | 105,000 | D | Dec 10, 2010 | Dec 10, 2016 | Common Stock | 105,000 | 0 | D |
Explanation of responses
- F1Stock option award vests at 33.3% per year from date of grant.
- F2Transaction results in a net increase in directly owned shares.