SEC Form 4 · accession 0001437749-15-013691
DETERMINE, INC. · DTRM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd Spartz
Officer — Chief Financial Officer
Period of report
Jan 15, 2015
Accepted (ET)
Jul 16, 2015 · 5:03 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 | Jan 15, 2015 | A | 12,477 | $0.00 | A | 63,242 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents the vesting and release of performance-based restricted stock units granted to the reporting person on February 3, 2012. As of October 14, 2014, 12,477 stock units were eligible to vest or be forfeited based on certain financial performance objectives. On January 15, 2015, the Company determined that, based on the Company's performance over the applicable performance period, 12,477 stock units had vested as of October 14, 2014 and such stock units were released to the reporting person.