SEC Form 4 · accession 0001437749-17-011224
PDF SOLUTIONS INC · PDFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lucio Lanza
Director
Period of report
Jun 9, 2017
Accepted (ET)
Jun 13, 2017 · 6:56 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001120914
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 9, 2017 | M | 45,000 | $4.82 | A | 423,967 | D | |
| Common StockF1 | Jun 9, 2017 | S | 45,000 | $17.5687 | D | 378,967 | D | |
| Common Stock | holding | — | — | — | 121,720 | I | By Lanza techVentures |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F2 | $4.82 | Jun 9, 2017 | M | 45,000 | D | — | May 17, 2020 | Common Stock | 45,000 | 0 | D |
Explanation of responses
- F1Average weighted sale price for shares disposed of in the reported transaction. The shares were sold in multiple brokers' transactions at various market prices per share ranging from $17.46 to $17.79.
- F225% of the total number of stock options vested on May 18, 2011 and the remaining options vested monthly thereafter on the 18th date of each month.