SEC Form 4 · accession 0001209191-17-046704
ONVIA INC · ONVI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Irvine N Alpert
Other
Period of report
Jul 27, 2017
Accepted (ET)
Jul 31, 2017 · 5:00 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001100917
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jul 27, 2017 | S | 2 | $4.25 | D | 68,662 | D | |
| Common Stock | Jul 28, 2017 | S | 21,996 | $4.25 | D | 46,666 | 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 Grant (right to buy)F1,F2 | $3.00 | Jul 27, 2017 | M | 2 | D | — | Aug 31, 2017 | Common Stock | 2 | 0 | D |
| Stock Option Grant (right to buy)F1,F2 | $3.00 | Jul 28, 2017 | M | 21,996 | D | — | Aug 31, 2017 | Common Stock | 21,996 | 0 | D |
Explanation of responses
- F1This stock option was granted under Onvia's 2008 Equity Incentive Plan and vests as follows: 1/5th of the original number of options on the first anniversary of the date of grant and 1/48th of the original number of options at the end of each month thereafter so long as the reporting person remains an employee of Onvia.
- F2Upon the reporting person's termination of employment on May 30, 2017, the 2008 Equity Incentive Plan provides that the reporting person has 3 months to exercise any outstanding exercisable options.