SEC Form 4 · accession 0001209191-15-081386
BSQUARE CORP /WA · BSQR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jr Elliott H Jurgensen
Director
Period of report
Nov 17, 2015
Accepted (ET)
Nov 19, 2015 · 7:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001054721
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 17, 2015 | M | 6,250 | $5.35 | A | 189,107 | D | |
| Common StockF1 | Nov 17, 2015 | S | 6,250 | $7.1814 | D | 182,857 | D | |
| Common StockF2 | Nov 17, 2015 | S | 3,988 | $7.1787 | D | 178,869 | D | |
| Common StockF3 | Nov 17, 2015 | S | 1,660 | $7.1787 | D | 177,209 | D | |
| Common StockF4 | Nov 17, 2015 | S | 3,000 | $7.1787 | D | 174,209 | D | |
| Common StockF5 | Nov 17, 2015 | S | 3,000 | $7.1787 | D | 171,209 | D | |
| Common StockF6 | Nov 17, 2015 | S | 3,000 | $7.1787 | D | 168,209 | 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)F7 | $5.35 | Nov 17, 2015 | M | 6,250 | D | Aug 15, 2007 | May 15, 2017 | Common Stock | 6,250 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.065 to $7.33, inclusive. The reporting person undertakes to provide to BSQUARE Corporation, any security holder of BSQUARE Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.
- F2Represents one-fourth of the fully vested 15,952 restricted stock units granted on 6/24/14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.33, inclusive.
- F3Represents the vested portion of 6,640 restricted stock units granted on 6/16/15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.33, inclusive
- F4Represents all of the vested shares of restricted stock granted on 5/18/10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.33, inclusive.
- F5Represents all of the vested shares of restricted stock granted on 3/30/10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.33, inclusive.
- F6Represents all of the vested shares of restricted stock granted on 8/17/10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $7.07 to $7.33, inclusive.
- F7The option vested quarterly at a rate of one-eighth of the options per quarter over a 2 year period.