SEC Form 4 · accession 0001116354-17-000013
JANEL CORP · JANL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerard van Kesteren
Director
Period of report
May 12, 2017
Accepted (ET)
May 15, 2017 · 2:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001133062
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 12, 2017 | A | 15,000 | $0.00 | A | 25,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock Purchase Option (right to buy)F2 | $8.01 | May 12, 2017 | A | 6,524 | A | — | May 12, 2027 | Common Stock | 6,524 | 6,524 | D |
Explanation of responses
- F1The shares vest in three tranches: 5,000 shares on 10/1/2017; 5,000 shares on 10/1/2018; and 5,000 shares on 10/1/2019 (in each instance together with the shares which have previously vested).
- F2The options vest and become exercisable in three tranches: for 2,175 shares on 10/1/2017; for 2,175 shares on 10/1/2018; and for 2,174 shares on 10/1/2019 (in each instance together with the options which have previously vested).