SEC Form 4 · accession 0001014108-16-000425
Cartesian, Inc. · CRTN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Donald E Klumb
Director
Period of report
Apr 15, 2016
Accepted (ET)
Apr 18, 2016 · 5:27 pm EDT
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 | Apr 15, 2016 | D | 18,937 | $4.50 | D | 3,719 | 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 | Apr 15, 2016 | X | 18,937 | D | Jun 10, 2015 | Mar 15, 2016 | Common Stock | 18,937 | 0 | D |
Explanation of responses
- F1Represents currently owned shares that the Reporting Person had the right to sell pursuant to a put option granted under the Separation Agreement, dated June 3, 2015, by and between the Company and the Reporting Person. The Reporting Person provided notice of intent to exercise the put option with respect to 18,937 shares prior to the expiration date of the put option.