SEC Form 4 · accession 0001209191-15-065462

DASAN ZHONE SOLUTIONS INC · DZSI

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

Reporting owner

Officer — Chairman · Director

Period of report

Aug 10, 2015

Accepted (ET)

Aug 12, 2015 · 11:34 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001101680

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Commons Stock^F1	Aug 11, 2015	D	4,100	$1.75	D	482,812	D
Common Stock	Aug 11, 2015	M	4,100	$1.65	A	486,912	D
Common Stock^F1	Aug 10, 2015	D	26,350	$1.774	D	482,812	D
Common Stock	Aug 10, 2015	M	26,350	$1.65	A	509,162	D
Common Stock	holding	—	—		—	14,100	I	By the Salmeh Ejabat Trust
Common Stock	holding	—	—		—	14,100	I	By the Ashlee Ann Ejabat Trust
Common Stock^F2	holding	—	—		—	781,674	I	See Note 2

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option^F3	$1.65	Aug 11, 2015	M	4,100	D	Sep 2, 2012	Sep 2, 2015	Common Stock	4,100	1,326,910	D
Employee Stock Option^F3	$1.65	Aug 10, 2015	M	26,350	D	Sep 2, 2012	Sep 2, 2015	Common Stock	26,350	1,331,010	D

F1The Price in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $1.75 to $1.82 per share. Mr. Ejabat has provided to the Company and, upon request, will provide any security holder of the Company or the SEC staff information regarding the number of shares sold at each price within that range.
F2Held by Mr. Ejabat as Trustee of the Morteza Ejabat Trust Under Declaration of Trust Dated May 19, 1998.
F3These constitute options to purchase shares of the Company's common stock.