SEC Form 4 · accession 0001181431-15-000684
ACTUATE CORP · BIRT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
N Nobby Akiha
Officer — SVP, Marketing
Period of report
Jan 7, 2015
Accepted (ET)
Jan 8, 2015 · 4:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001062478
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 7, 2015 | M | 10,000 | $2.48 | A | 81,306 | D | |
| Common Stock | Jan 7, 2015 | M | 5,000 | $3.59 | A | 86,306 | D | |
| Common StockF1,F2 | Jan 7, 2015 | S | 15,000 | $6.573 | D | 71,306 | 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 buy)F3 | $2.48 | Jan 7, 2015 | M | 10,000 | D | Jan 28, 2006 | Jan 28, 2015 | Common Stock | 10,000 | 416,500 | D |
| Option (right to buy)F4 | $3.59 | Jan 7, 2015 | M | 5,000 | D | Jan 24, 2007 | Jan 24, 2016 | Common Stock | 5,000 | 411,500 | D |
Explanation of responses
- F1Represents a weighted average price within the range of $6.57 and $6.58.
- F2Includes (a) 5,000 shares of Issuer's common stock subject to a restricted stock unit award granted on January 28, 2011 that will be issued as those units vest, (b) 5,000 shares of Issuer's common stock subject to a restricted stock unit award granted on January 27, 2012 that will be issued as those units vest, (c) 3,750 shares of Issuers common stock subject to a restricted stock unit award granted on January 30, 2013 that will be issued as those units vest, and (d) 15,000 shares of Issuer's common stock subject to a restricted stock unit award granted on March 19, 2014 that will be issued as those units vest.
- F3The underlying option became exercisable as to 1/4 of the option shares after one year from the vesting commencement date of January 28, 2005 and for the balance in a series of equal monthly installments over the following 36 months.
- F4The underlying option became exercisable as to 1/4 of the option shares after one year from the vesting commencement date of January 24, 2006 and for the balance in a series of equal monthly installments over the following 36 months.