SEC Form 4 · accession 0001415889-19-000258
AutoWeb, Inc. · AUTO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wesley Ozima
Officer — SVP, CONTROLLER
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 4:34 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 | Mar 1, 2019 | M | 7,500 | $1.75 | A | 22,557 | 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 | $3.39 | Mar 1, 2019 | A | 10,000 | A | — | Mar 1, 2026 | Common Stock | 10,000 | 10,000 | D |
| Employee Stock Option (Right to Buy)F3 | $1.75 | Mar 1, 2019 | M | 7,500 | D | — | Mar 3, 2019 | Common Stock | 7,500 | 0 | D |
Explanation of responses
- F1Includes 6,667 shares of Restricted Stock that will vest in two installments on September 27, 2019 and September 27, 2020.
- F2Grant to reporting person of options to buy shares of common stock in transaction exempt under Rule 16b-3. These options will become vested and exercisable as follows: (i) 33 1/3% shall vest and become exercisable on March 1, 2020, and (ii) 1/36 shall vest and become exercisable on each successive monthly anniversary thereafter for the following 24 months ending on March 1, 2022.
- F3Subject to the achievement of certain performance goals of the Company, these derivative securities became exercisable as follows: (i) 33 1/3% vested and became exercisable on March 3, 2010, and (ii) 1/36 vested and became exercisable on each successive monthly anniversary thereafter for the following 24 months ending on March 3, 2012.