SEC Form 4 · accession 0001493152-18-004302
Sunworks, Inc. · SUNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles F Cargile
Officer — Chief Executive Officer · Director
Period of report
Mar 29, 2018
Accepted (ET)
Mar 30, 2018 · 7:09 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,F2 | Mar 29, 2017 | A | 166,667 | — | A | 210,767 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In connection with the terms of his employment agreement with the Company dated as of March 29, 2017, the Reporting Person received a restricted stock grant subject to time vesting. On March 29, 2018, 166,667 shares vested, 333,333 shares will vest in twenty-four equal monthly installments.
- F2Includes shares held by The Cargile Family Trust (the "Trust"). Charles Cargile is the Trustee of the Trust and in such capacity has voting and dispositive control over the securities held by such entity.