SEC Form 4 · accession 0000914190-16-000685
SAJAN INC · SAJA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Angel Zimmerman
Director · 10% Owner
Period of report
Jun 10, 2016
Accepted (ET)
Jul 1, 2016 · 3:30 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001118037
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 651,484 | 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 | $4.50 | Jun 10, 2016 | A | 2,500 | A | — | Jun 10, 2026 | Common Stock | 2,500 | 2,500 | D |
Explanation of responses
- F1The shares vest in 11 equal monthly installments.
Remarks
On June 16, 2014, the Company completed a one-for-four reverse stock split. All common stock amounts and exercise prices in the filing relating to securities acquired prior to June 16, 2014 have been adjusted to reflect the one-for-four split.