SEC Form 4 · accession 0001209191-15-071710
EnSync, Inc. · ESNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley Hansen
Officer — President and CEO · Director
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 6:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140310
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Sep 17, 2015 | A | 270,000 | A | — | — | Common Stock | 270,000 | 270,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of common stock.
- F2Represents a restricted stock unit award granted on June 24, 2014 and partially earned and vested on September 17, 2015 based on the satisfaction of certain performance-based vesting requirements. These restricted stock units settle six months after Mr. Hansen's separation of service from the company.