SEC Form 4 · accession 0001437749-15-001052
NATIONAL HOLDINGS CORP · NHLD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan B Levin
Officer — Chief Financial Officer
Period of report
Sep 19, 2013
Accepted (ET)
Jan 22, 2015 · 6:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001023844
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.02 per shareF1 | Sep 19, 2013 | M | 16,667 | — | A | 57,167 | D | |
| Common Stock, par value $0.02 per shareF1,F2 | Sep 19, 2014 | M | 16,667 | — | A | 123,834 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | — | Sep 19, 2013 | A | 50,000 | A | — | — | Common Stock | 50,000 | 50,000 | D |
| Restricted Stock UnitsF3 | — | Sep 19, 2013 | M | 16,667 | D | — | — | Common Stock | 16,667 | 33,333 | D |
| Restricted Stock UnitsF3 | — | Sep 19, 2014 | M | 16,667 | D | — | — | Common Stock | 16,667 | 16,666 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2Includes 50,000 shares of common stock acquired by the reporting person on March 19, 2014 and previously reported on a Form 4 filed by the reporting person on March 19, 2014.
- F3On September 19, 2013, the reporting person was granted 50,000 restricted stock units under the National Holdings Corporation 2013 Omnibus Incentive Plan. The restricted stock units vest as follows: (1) 1/3 vested on September 19, 2013, (2) 1/3 vested on September 19, 2014 and (3) 1/3 will vest on September 19, 2015.