SEC Form 4 · accession 0001124796-19-000006
NLIGHT, INC. · LASR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Martinsen
Officer — Chief Technology Officer
Period of report
Jan 2, 2019
Accepted (ET)
Jan 4, 2019 · 5:54 pm EST
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 | Jan 2, 2019 | M | 500 | $0.75 | A | 13,000 | D | |
| Common StockF1 | Jan 2, 2019 | S | 500 | $18.07 | D | 12,500 | 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 | Jan 2, 2019 | M | 500 | D | — | Jun 27, 2025 | Common Stock | 500 | 39,500 | D |
Explanation of responses
- F1The reported transaction involves purchase transactions from $17.77 to $18.30 per share. The weighted average price per share was $18.07. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer information regarding the number of shares purchased at each separate price.
- F2One-fifth of the shares subject to the option vested on June 9, 2016, and one-twentieth of the shares subject to the option vest in quarterly installments thereafter subject to continued service through each such vesting date. In the event of a change in control, as defined in the 2001 Plan, 100% of the then-outstanding shares subject to the option will become vested