SEC Form 4 · accession 0001014108-15-000289
Cartesian, Inc. · CRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald E Klumb
Director
Period of report
Nov 18, 2015
Accepted (ET)
Nov 19, 2015 · 5:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001094814
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 18, 2015 | D | 90,036 | $4.50 | D | 22,656 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Put Option (Right to Sell)F1 | $4.50 | Nov 18, 2015 | X | 90,036 | D | Jun 10, 2015 | Mar 15, 2016 | Common Stock | 90,036 | 22,656 | D |
Explanation of responses
- F1Represents currently owned shares that the Reporting Person has sold pursuant to a put option granted under the Separation Agreement, dated June 3, 2015, by and between the Company and the Reporting Person.