SEC Form 3 · accession 0001104659-18-026749
NLIGHT, INC. · LASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raymond A Link
Director
Period of report
Apr 25, 2018
Accepted (ET)
Apr 25, 2018 · 9:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001124796
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 46,889 | 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)F2 | $0.75 | holding | — | — | — | — | Apr 18, 2025 | Common Stock | 9,450 | — | D |
| Stock Option (Right to buy)F3 | $1.10 | holding | — | — | — | — | Sep 13, 2026 | Common Stock | 11,250 | — | D |
| Stock Option (Right to buy)F4 | $1.45 | holding | — | — | — | — | May 26, 2027 | Common Stock | 10,000 | — | D |
| Restricted Stock UnitsF1,F5 | — | holding | — | — | — | — | — | Common Stock | 2,500 | — | D |
Explanation of responses
- F1Each share has no expiration date and no conversion or exercise price.
- F2One-twentieth of the shares subject to the option vest in quarterly installments, subject to continued service through each vesting date. In the event of a change of control, as defined in the Issuer's 2001 Stock Option Plan (the "2001 Plan"), 100% of the then-outstanding shares subject to the option will become vested.
- F3One-twentieth of the shares subject to the option vest in quarterly installments, subject to continued service through each vesting date. In the event of a change of control, as defined in the 2001 Plan, 100% of the then-outstanding shares subject to the option will become vested.
- F4One-fifth of the shares subject to the option will vest on June 1, 2018, and one-twentieth of the shares subject to the option will vest in quarterly installments thereafter subject to continued service through each such vesting date. In the event of a change of control, as defined in the 2001 Plan, 100% of the then-outstanding shares subject to the option will become vested.
- F5All restricted stock units will vest on the earlier of (i) April 25, 2019 or (ii) the day prior to the date of the Issuer's next annual meeting of stockholders, in each case, subject to the non-employee director continuing to be a service provider through the applicable vesting date.