SEC Form 4 · accession 0001638599-16-001700

OURPETS CO · OPCO

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — CFO

Period of report

Dec 14, 2016

Accepted (ET)

Dec 15, 2016 · 3:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001094139

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common^F4	Dec 14, 2016	M	50,000	$0.44	A	87,802	D
Common^F5	Dec 14, 2016	F	22,449	$0.98	D	65,353	D
Common	holding	—	—		—	50,000	D
Common	holding	—	—		—	37,802	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Option^F2	$0.222	holding	—	—	—	Feb 18, 2011	Feb 18, 2014	Common	100,000	0	D
Option^F3	$0.79	holding	—	—	—	May 27, 2013	May 27, 2016	Common	25,000	0	D
Option^F1	$0.44	holding	—	—	—	May 25, 2014	May 25, 2017	Common	50,000	0	D
Option^F1	$0.60	holding	—	—	—	Oct 25, 2015	Oct 25, 2018	Common	50,000	50,000	D

F1Options vest 1/3 on each of the 2nd, 3rd and 4th anniversaries of grant date.
F225,000 options expired on March 31, 2010 by virtue of the Company not achieving net operating income of at least 7.5% of net sales for the year ended 12-31-2009 and 25,000 options expired on March 31, 2011 by virtue of the Company not achieving net operating income as a % of net sales of at least 9.0% for the year ended 12-31-2010.
F3These 25,000 options expired on March 31, 2012 by virtue of the Company not achieving net operating income as a % of net sales of at least 9.0% for year ended 12-31-2011.
F4Shares were acquired through cashless exercise of options originally granted May 25, 2012
F5Shares were disposed of via cashless exercise of options originally granted May 25, 2012