SEC Form 4 · accession 0001209191-15-002347
XENOPORT INC · XNPT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William G Harris
Officer — SVP, Finance and CFO
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:12 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001130591
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Jan 2, 2015 | M | 16,666 | $6.00 | A | 142,667 | D | |
| Common StockF3 | Jan 2, 2015 | F | 11,324 | $8.83 | D | 131,343 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F4 | $6.00 | Jan 2, 2015 | M | 16,666 | D | — | Jan 4, 2015 | Common Stock | 16,666 | 0 | D |
Explanation of responses
- F1Option exercise as a result of upcoming expiration date, January 4, 2015.
- F2Includes 606 and 599 shares acquired through the Issuer's Employee Stock Purchase Plan on May 15, 2014 and November 14, 2014 respectively.
- F3Represents shares withheld by the Issuer in connection with the net exercise of the option reported in Table II hereof. All of such shares were withheld by the Issuer in satisfaction of the aggregate option exercise price, with the transfer involved in such net exercise transaction being made by the reporting person for the sole purpose of covering such exercise price.
- F4This stock option was granted January 4, 2005 and vested over four years at 1/48 per month from the date of the grant.