SEC Form 4 · accession 0001053374-15-000110
IPASS INC · IPAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Evan Kaplan
Other
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 7:59 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001053374
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jun 16, 2015 | S | 62,835 | $1.106 | D | 720,638 | D | |
| Common StockF3 | Jun 16, 2015 | S | 21,500 | $1.10 | D | 699,138 | D | |
| Common StockF1,F4 | Jun 17, 2015 | S | 4,505 | $1.11 | D | 694,633 | D | |
| Common StockF3 | Jun 18, 2015 | S | 1,912 | $1.101 | D | 692,721 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person's sale of iPass common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of the 20,000 shares,with the reporting person's purchase of 20,000 shares of iPass common stock at a price of $0.90 per share on February 24, 2015. The reporting person has agreed to pay to iPass,upon settlement of the sale, $3,970.25, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
- F2The price in Column 4 is a weighted average purchase price. The prices actually received ranged from $1.10 to $1.135. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F3The price in Column 4 is a weighted average purchase price. The prices actually received ranged from $1.10 to $1.11. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- F4The price in Column 4 is a weighted average purchase price. The prices actually received ranged from $1.10 to $1.125. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.