SEC Form 4 · accession 0001437749-15-012406
DETERMINE, INC. · DTRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Patrick Stakenas
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2015
Accepted (ET)
Jun 16, 2015 · 7:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001090908
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 15, 2015 | A | 43,000 | $0.00 | A | 70,209 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F2 | $6.14 | Jun 15, 2015 | A | 100,979 | A | — | Jun 15, 2025 | Common Stock | 100,979 | 100,979 | D |
Explanation of responses
- F1Consists of Restricted Stock Units that vest over a 48 month period from June 3, 2015 with 1/4 of the shares vesting on June 3, 2016 and the remaining shares vesting in 36 equal monthly installments thereafter.
- F2Option vests over a 48 month period from June 3, 2015 with 1/4 of the shares vesting on June 3, 2016 and the remaining shares vesting in 36 equal monthly installments thereafter.