SEC Form 4 · accession 0000921895-18-002467
NOVATION COMPANIES, INC. · NOVC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Igdaloff
Director
Period of report
Aug 17, 2018
Accepted (ET)
Aug 22, 2018 · 5:48 pm EDT
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 | Aug 17, 2018 | A | 833,333 | $0.00 | A | 6,101,306 | 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 in payment of a portion of the annual base compensation for each non-employee director. The number of restricted shares was calculated based on the closing price of the common stock on the grant date. The restricted shares will vest on August 17, 2019.