SEC Form 4 · accession 0001185185-17-000300
GLOBALSCAPE INC · GSB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank M Morgan
Director
Period of report
Feb 10, 2017
Accepted (ET)
Feb 13, 2017 · 4:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001112920
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2017 | M | 20,000 | $3.10 | A | 167,875 | D | |
| Common StockF2 | Feb 2, 2017 | S | 618 | $3.93 | D | 167,257 | D | |
| Common Stock | Feb 3, 2017 | S | 400 | $3.90 | D | 166,857 | D | |
| Common Stock | Feb 4, 2017 | S | 1,200 | $3.83 | D | 165,657 | D | |
| Common Stock | Feb 8, 2017 | S | 72 | $3.80 | D | 165,585 | D | |
| Common Stock | Feb 9, 2017 | S | 17,710 | $3.73 | D | 147,875 | 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 (right to buy)F1 | $3.10 | Jan 30, 2017 | M | 20,000 | D | Jun 1, 2007 | Jun 1, 2017 | Common Stock | 20,000 | 0 | D |
Explanation of responses
- F1Exercise of option to purchase common stock. Includes shares which were sold to pay the exercise price, to cover withholding taxes and to pay broker fees and commissions pursuant to a broker-assisted cashless exercise.
- F2Price reflected is a weighted-average sales price for shares sold. The shares were sold in multiple transactions and the range of sale prices for the transactions reported was $3.93 to $3.94. The reporting person undertakes to provide the issuer, any security holder of the issuer, or any staff member of the Securities and Exchange Commission. Upon request, information regarding the number of shares sold at each separate price.