SEC Form 4 · accession 0001415889-17-000441
Track Group, Inc. · TRCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Peter K Poli
Officer — CHIEF FINANCIAL OFFICER
Period of report
Dec 19, 2016
Accepted (ET)
Mar 16, 2017 · 6:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045942
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF1 | $3.75 | Dec 19, 2016 | A | 100,000 | A | Jan 1, 2018 | Dec 18, 2019 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1Stock Option grant shall vest as follows:fifty percent of the options shall vest on January 1, 2018 and the remaining options shall vest on January 1, 2019. The option agreement contains a cashless exercise provision.