SEC Form 4 · accession 0001415889-17-001879
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey H Coats
Officer — PRESIDENT AND CEO · Director
Period of report
Nov 30, 2017
Accepted (ET)
Dec 1, 2017 · 4:45 pm EST
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 | Nov 30, 2017 | M | 26,196 | $4.80 | A | 124,865 | D | |
| Common StockF2,F1 | Nov 30, 2017 | S | 19,590 | $8.6239 | D | 105,275 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F3 | $4.80 | Nov 30, 2017 | M | 26,196 | D | — | Jan 20, 2018 | Common Stock | 26,196 | 0 | D |
Explanation of responses
- F1Includes 85,000 shares of restricted stock that will vest one-third (1/3rd) on each anniversary of the date of grant over three years commencing on September 27, 2018.
- F2This transaction was executed in multiple trades at prices ranging from $8.55 to $8.82 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.
- F3Subject to the achievement of certain performance goals of the Company in 2011, these derivative 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.