SEC Form 4 · accession 0001437749-15-021229
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, 2015
Accepted (ET)
Nov 19, 2015 · 5:53 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, 2015 | M | 1,666 | — | A | 14,050 | 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 UnitsF2 | — | Sep 19, 2015 | M | 1,666 | D | — | — | Common Stock | 1,666 | 0 | D |
Explanation of responses
- F1Restricted stock units convert into common stock on a one-for-one basis.
- F2On 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 vested as follows: (1) 1/3 vested on September 19, 2013, (2) 1/3 vested on September 19, 2014 and (3) 1/3 vested on September 19, 2015.