SEC Form 4 · accession 0001415889-17-000891
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Steerman
Officer — EVP, MOBILE LEAD OPS PROD DEV
Period of report
Jun 1, 2017
Accepted (ET)
Jun 1, 2017 · 8:01 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 | Jun 1, 2017 | M | 5,597 | $4.80 | A | 12,457 | D | |
| Common StockF1 | Jun 1, 2017 | S | 5,597 | $12.7358 | D | 6,860 | 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 | $4.80 | Jun 1, 2017 | M | 5,597 | D | — | Jan 20, 2018 | Common Stock | 5,597 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $12.69 to $12.895 per share. The price reported above reflects the weighted average purchase 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 January 20, 2012, and 1/36 vested and became exercisable at the end of each successive monthly anniversary thereafter for the following 24 months ending on January 20, 2014.