SEC Form 4 · accession 0001209191-19-005138
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
Jan 22, 2019
Accepted (ET)
Jan 24, 2019 · 4:18 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001140310
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 22, 2019 | M | 166,667 | $0.00 | A | 498,567 | D | |
| Common StockF2 | Jan 22, 2019 | F | 64,867 | $0.20 | D | 433,700 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F4 | — | Jan 22, 2019 | M | 166,667 | D | — | — | Common Stock | 166,667 | 333,333 | D |
Explanation of responses
- F1Represents shares of common stock acquired upon the vesting of a restricted stock unit award on January 22, 2019.
- F2Shares withheld to satisfy tax withholding requirements on the vesting of restricted stock units on January 22, 2019.
- F3Each restricted stock unit represents a contingent right to receive one share of common stock.
- F4Represents a restricted stock unit award granted on December 21, 2017 that partially vested on December 21, 2018 and settled on January 22, 2019. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.