SEC Form 4 · accession 0001328319-15-000027
LIONBRIDGE TECHNOLOGIES INC /DE/ · LIOX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Patrick Tobin
Officer — SVP and GM for GLT Operations
Period of report
Feb 4, 2015
Accepted (ET)
Feb 6, 2015 · 3:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001058299
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 4, 2015 | A | 94,000 | $0.00 | A | 222,571 | D | |
| common stockF2 | Feb 4, 2015 | A | 35,000 | $0.00 | A | 257,571 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| option right to purchaseF3 | $5.05 | Feb 4, 2015 | A | 10,000 | A | Feb 4, 2016 | Feb 4, 2025 | common stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Grant of restricted stock under 2011 Stock Incentive Plan with restrictions lapsing over 4 years
- F2Shares vest on the day the Company publicly releases its earnings for 2016 if the Company meets pre-established revenue and profitability targets.
- F3Grant of stock option under 2011 Stock Incentive Plan vesting at a rate of 25% on first anniversary of grant date and 12.5% each six month period thereafter.