SEC Form 4 · accession 0001209191-17-020947
CERUS CORP · CERS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Mariner Greenman
Officer — President and CEO · Director
Period of report
Mar 10, 2017
Accepted (ET)
Mar 15, 2017 · 8:18 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001020214
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 10, 2017 | M | 22,500 | — | A | 325,724 | D | |
| Common StockF3 | Mar 15, 2017 | S | 8,786 | $4.2101 | D | 316,938 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5,F1,F4 | — | Mar 10, 2017 | M | 22,500 | D | — | — | Common Stock | 22,500 | 45,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one (1) share of Cerus Common Stock.
- F2Includes 4,941 shares purchased under Issuer's Employee Stock Purchase Plan on February 28, 2017.
- F3Represents the number of shares required to be sold to cover the statutory tax withholding obligations in connection with the vesting of the restricted stock units listed in Table II. This sale is mandated by the election to satisfy the minimum statutory tax withholding obligations through a "sell to cover" transaction and does not represent a discretionary sale by the reporting person.
- F4The restricted stock unit vests in three equal annual installments beginning on March 10, 2017.
- F5Not applicable.