SEC Form 4 · accession 0001209191-15-080464
DASAN ZHONE SOLUTIONS INC · DZSI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Connors
Director
Period of report
Nov 16, 2015
Accepted (ET)
Nov 17, 2015 · 11:34 am EST
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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 16, 2015 | M | 49,500 | $0.50 | A | 127,823 | D | |
| Common Stock | holding | — | — | — | 16,667 | I | 16,667 shares are held by Suaimhneas LLC. Mr. Connors is the sole manager of Suaimhneas LLC of which |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $0.50 | Nov 16, 2015 | M | 49,500 | A | Nov 17, 2012 | Nov 17, 2015 | Common Stock | 49,500 | 0 | D |
Explanation of responses
- F1The option vests in 48 equal installments over the course of four years.