SEC Form 4 · accession 0001437749-16-028203
AVALON HOLDINGS CORP · AWX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bryan Saksa
Officer — CHIEF FINANCIAL OFFICER
Period of report
Mar 16, 2016
Accepted (ET)
Mar 22, 2016 · 4:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001061069
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 Options (Right to Buy)F1 | $1.83 | Mar 16, 2016 | A | 90,000 | A | Mar 16, 2016 | Mar 16, 2026 | Class A Common Stock | 90,000 | 90,000 | D |
Explanation of responses
- F1The date indicated is the grant date and the options vest in five equal installments beginning one year from the grant date. At the end of each vesting period, the Avalon Holdings Corporation Class A common stock must reach a predetermined market price within three years before the vested options are exercisable.