SEC Form 4 · accession 0001209191-15-058546
DOVER SADDLERY INC · DOVR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James H. Cullen
Officer — Executive Vice President
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 12:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001071625
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Executive Stock OptionF1 | $3.75 | Jul 1, 2015 | U | 50,000 | D | — | Aug 14, 2023 | Common Stock | 50,000 | 0 | D |
| Executive Stock OptionF1 | $3.75 | Jul 1, 2015 | U | 50,000 | D | — | Aug 14, 2023 | Common Stock | 50,000 | 0 | D |
| Executive Stock OptionF2 | $3.75 | Jul 1, 2015 | U | 50,000 | D | — | Aug 14, 2023 | Common Stock | 50,000 | 0 | D |
| Executive Stock OptionF3 | $3.75 | Jul 1, 2015 | U | 10,000 | D | — | Aug 14, 2023 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Per terms of option grant, upon a change of control, vesting of all options accelerates and occurs immediately prior to closing of transaction
- F2Per terms of option grant, vesting occurs on a change of control with a valuation at least equal to $6.00 or more per share.
- F3Per terms of option grant, vesting occurs on a change of control with a valuation at least equal to $6.50 or more per share