SEC Form 4 · accession 0000921895-17-002881
NOVATION COMPANIES, INC. · NOVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Igdaloff
Director
Period of report
Dec 13, 2017
Accepted (ET)
Dec 18, 2017 · 5:44 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001025953
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 13, 2017 | A | 357,143 | $0.00 | A | 5,267,973 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted shares of common stock under the Novation Companies, Inc. 2015 Incentive Stock Plan as payment of a portion of director compensation. The number of restricted shares was calculated based on the closing price of the common stock on the grant date. The restricted shares vest on December 13, 2018.