SEC Form 4 · accession 0001415889-17-001577
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
Sep 27, 2017
Accepted (ET)
Sep 29, 2017 · 5:41 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 StockF1,F2 | Sep 27, 2017 | A | 70,000 | $0.00 | A | 258,755 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of restricted stock that will vest one-third (1/3rd) on each anniversary of the date of grant over three years.
- F2Also includes 8,333 shares of restricted stock that will vest on April 23, 2018 and 100,000 shares of restricted stock with restrictions lapsing as follows: (i) restriction on 50,000 shares shall lapse upon the weighted average closing price for common stock at $30 per share for 30 consecutive trading days and (ii) restrictions on remaining 50,000 shares shall lapse upon the weighted average closing price for the common stock at $45 per share for 30 consecutive trading days.