SEC Form 4 · accession 0001209191-16-131636
HARVARD BIOSCIENCE INC · HBIO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James W Green
Director
Period of report
Jul 1, 2016
Accepted (ET)
Jul 6, 2016 · 4:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001123494
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jul 1, 2016 | A | 25,300 | $0.00 | A | 53,800 | D | |
| Common StockF3,F4 | Jul 1, 2016 | A | 800 | $0.00 | A | 54,600 | D | |
| Common Stock | holding | — | — | — | 2,000 | I | by James W Green Revocable Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents a deferred stock award of 25,300 restricted stock units which fully vest on the earlier to occur of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017.
- F2Includes (a) a deferred stock award of 25,300 restricted stock units which fully vest on the earlier of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017; (b) a deferred stock award of 6,050 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; and (c) 22,450 shares of common stock held by the Reporting Person.
- F3Represents a deferred stock award of 800 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016. This retainer award was granted in lieu and satisfaction of the annual cash retainer compensation to be earned by the director for his service on a committee of the Issuer's Board of Directors that the reporting person was appointed to following the 2016 annual meeting of stockholders. The number of shares of common stock subject to such retainer award is equal to the amount of cash that would have been received had the applicable retainer all been paid in cash, divided by the average daily closing market price of the Issuer's common stock for the month of April, rounded to the nearest 100 shares.
- F4Includes (a) a deferred stock award of 25,300 restricted stock units which fully vest on the earlier of (i) the date of the Issuer's next Annual Meeting of Stockholders after July 1, 2016, immediately prior to the commencement of such meeting, and (ii) July 1, 2017; (b) a deferred stock award of 6,050 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; (c) a deferred stock award of 800 restricted stock units which vest quarterly in equal installments on September 30, 2016 and December 31, 2016; and (d) 22,450 shares of common stock held by the Reporting Person.
Remarks
This form has been signed under power of attorney.