SEC Form 4 · accession 0001209191-18-012993
CHANNELADVISOR CORP · ECOM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David J Spitz
Officer — President and CEO · Director
Period of report
Feb 23, 2018
Accepted (ET)
Feb 23, 2018 · 4:39 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169652
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 23, 2018 | M | 4,324 | $2.24 | A | 509,362 | D | |
| Common Stock | Feb 23, 2018 | S | 1,567 | $9.10 | D | 507,795 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $2.24 | Feb 23, 2018 | M | 4,324 | D | — | Mar 3, 2018 | Common Stock | 4,324 | 0 | D |
Explanation of responses
- F1The proceeds of the reported transaction were used to satisfy the reporting person's tax withholding obligations in connection with the exercise of options reported on this form.
- F2This option vested in 16 equal quarterly installments, beginning on June 1, 2008 and continuing through March 1, 2012.