SEC Form 4 · accession 0001415889-17-001933
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly Boren
Officer — EVP, CHIEF FINANCIAL OFFICER
Period of report
Dec 11, 2017
Accepted (ET)
Dec 11, 2017 · 6:30 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 StockF2 | Dec 11, 2017 | M | 10,000 | $4.30 | A | 51,260 | D | |
| Common StockF3,F2 | Dec 11, 2017 | S | 10,000 | $9.2196 | D | 41,260 | 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)F4 | $4.30 | Dec 11, 2017 | M | 10,000 | D | — | Dec 17, 2017 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1The transactions reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 30, 2017.
- F2Includes 40,000 shares of restricted stock that will vest one-third (1/3rd) on each anniversary of the date of grant over 3 years commencing on September 27, 2018.
- F3This transaction was executed in multiple trades at prices ranging from $9.05 to $9.50 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.
- F4These derivative securities became exercisable as follows: 33 1/3% vested and became exercisable on December 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 December 17, 2013.