SEC Form 4 · accession 0001437749-15-012260
Prism Technologies Group, Inc. · PRZM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
L Eric Loewe
Officer — General Counsel and Secretary
Period of report
Jun 11, 2015
Accepted (ET)
Jun 15, 2015 · 6:03 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001077370
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to purchaseF1 | $2.76 | Jun 11, 2015 | A | 100,000 | A | — | Jun 11, 2020 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F150,000 vest immediately; 8,334 vest on June 11, 2016; 16,666 vest in equal monthly installments from June 11, 2016 to June 11, 2018; 25,000 vest over three years in three equal installments based on achieving annual performance criteria.