SEC Form 4 · accession 0001104659-18-058240
ROCKWELL MEDICAL, INC. · RMTI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Kull
Officer — Principal Accounting Officer
Period of report
Sep 20, 2018
Accepted (ET)
Sep 24, 2018 · 8:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001041024
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Sep 20, 2018 | M | 5,000 | $3.09 | A | 7,400 | D | |
| Common Stock | Sep 20, 2018 | F | 4,130 | $4.22 | D | 3,270 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $3.09 | Sep 20, 2018 | M | 5,000 | D | Nov 19, 2011 | Nov 19, 2018 | Common Stock | 5,000 | 0 | D |
Explanation of responses
- F1Represents shares surrendered to the Issuer in satisfaction of the exercise price for the stock option and the payment of required withholding taxes pursuant to a "net exercise" of the stock option. Following the required withholdings under the net exercise, the Reporting Person was issued a total of 870 shares of the Issuer's Common Stock upon exercise of the stock option.
- F2Stock option vested in full on the third anniversary of date of grant.