SEC Form 4 · accession 0001209191-16-148144
Uni-Pixel · UNXL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Alan Hawthorne
Officer — CEO and President · Director
Period of report
Nov 1, 2016
Accepted (ET)
Nov 3, 2016 · 4:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001171012
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 1, 2016 | M | 16,666 | $0.00 | A | 291,817 | D | |
| Common StockF3,F4,F2 | Nov 1, 2016 | F | 6,263 | $1.25 | D | 285,554 | 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 Units (RSUs)F5 | $0.00 | Nov 1, 2016 | M | 16,666 | D | — | — | Common Stock | 16,666 | 166,668 | D |
Explanation of responses
- F116,666 Restricted Stock Units ("RSUs") issued in the grant to Mr. Hawthorne on 6/8/2016 vested on 11/1/2016 according to the vesting schedule previously reported.
- F2Includes 100,000 shares of restricted common stock that vested 50% on April 14, 2016 and the remaining 50% which will vest on April 14, 2017. Also includes 100,000 shares of restricted common stock that vested 1/3rd on July 31, 2016, and the remaining 2/3rds which will vest 1/3rd on July 31, 2017 and 1/3rd on July 31, 2018, respectively.
- F36,263 shares of Common Stock were withheld by the Company for the purposes of satisfying tax withholding obligations in connection with such vesting as previously reported by the Company.
- F4The closing price of the Company's common stock on 11/1/2016.
- F5The RSUs vest in twelve quarterly installments beginning on August 1, 2016 and ending on May 1, 2019.