SEC Form 4 · accession 0001493152-17-005682
Sunworks, Inc. · SUNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul Clayton McDonnel
Officer — Chief Financial Officer
Period of report
May 17, 2017
Accepted (ET)
May 19, 2017 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001172631
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 18, 2017 | P | 15,525 | $1.4522 | A | 15,525 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF2 | $1.50 | May 17, 2017 | A | 30,000 | A | — | May 17, 2022 | Common Stock | 30,000 | 80,000 | D |
Explanation of responses
- F1This sales price reflects a weighted average of multiple prices ranging from $1.42 to $1.46. Full information regarding the number of shares sold at each price will be provided to the Securities and Exchange Commission staff, the Issuer or any security holder of the Issuer upon request.
- F2The option shall vest in 1/36 increments over a three year period commencing on the date of grant.