SEC Form 4 · accession 0001185185-18-001496
XPLORE TECHNOLOGIES CORP · XPLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kent Allen Misemer
Director
Period of report
Jan 24, 2018
Accepted (ET)
Aug 15, 2018 · 7:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177845
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Aug 14, 2018 | U | 654 | $6.00 | D | 0 | D | |
| Common StockF1 | Aug 14, 2018 | U | 29,959 | $6.00 | D | 0 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $2.73 | Jan 24, 2018 | A | 7,500 | A | — | Jul 24, 2026 | Common Stock | 7,500 | 45,000 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Jan 24, 2018 | A | 3,500 | A | — | — | Common Stock | 3,500 | 3,500 | D |
| Stock OptionsF4 | $6.00 | Aug 14, 2018 | U | 10,937 | D | — | Aug 1, 2020 | Common Stock | 10,937 | 0 | D |
| Stock OptionsF5 | $5.00 | Aug 14, 2018 | U | 30,000 | D | — | Jan 8, 2021 | Common Stock | 30,000 | 0 | D |
| Stock OptionsF2 | $2.73 | Aug 14, 2018 | U | 7,500 | D | — | Jul 24, 2026 | Common Stock | 15,000 | 0 | D |
| Restricted Stock UnitsF2,F3 | $0.00 | Aug 14, 2018 | U | 3,500 | D | — | — | Common Stock | 3,500 | 0 | D |
Explanation of responses
- F1Held by The Kent A. Misemer Revocable Trust, for which Mr. Misemer is a trustee and has voting and dispositive power over these shares.
- F2One third vests on January 24, 2019, one third vests on January 24, 2020 and one third vest on January 24, 2021.
- F3Unvested Restricted Stock Units expire upon termination of holder other than for death of disability.
- F4Options to purchase 6,725 shares vests over three years and options to purchase 5,043 shares vest after one year from the achievement of certain company objectives.
- F5One third vests on October 31, 2013, one third vests on October 31, 2014 and one third vest on October 31, 2015.