SEC Form 4 · accession 0001415889-17-000783
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Ferriolo
Officer — EVP, CHIEF OPERATING OFFICER
Period of report
May 16, 2017
Accepted (ET)
May 17, 2017 · 5:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023364
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 16, 2017 | M | 13,488 | $4.20 | A | 164,253 | D | |
| Common StockF1 | May 16, 2017 | S | 13,488 | $13.7221 | D | 150,765 | 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 | $4.20 | May 16, 2017 | M | 13,488 | D | — | Sep 17, 2017 | Common Stock | 13,488 | 36,512 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $13.70 to $13.84 per share. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide, upon request, the information regarding the number of shares and prices at which the transactions were effected.
- F2Derivative securities became exercisable as follows: 33 1/3% vested and became exercisable on September 17, 2011, and 1/36 vested and became exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on September 17, 2013.