SEC Form 4 · accession 0001209191-15-025656
DOT HILL SYSTEMS CORP · HILL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dana Kammersgard
Officer — President & CEO
Period of report
Mar 10, 2015
Accepted (ET)
Mar 12, 2015 · 4:37 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001042783
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 10, 2015 | A | 80,000 | $0.00 | A | 741,805 | D | |
| Common Stock | holding | — | — | — | 218 | I | By Spouse |
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)F1 | $4.75 | Mar 10, 2015 | A | 200,000 | A | — | Mar 9, 2022 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F125% of the shares subject to the stock option shall vest and become exercisable on March 10, 2016. The remaining shares shall vest in equal monthly installments over the following three years.