SEC Form 4 · accession 0001437749-15-005368
XPLORE TECHNOLOGIES CORP · XPLR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W Zimmerman
Officer — Vice President Operations
Period of report
Mar 13, 2015
Accepted (ET)
Mar 17, 2015 · 9:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001177845
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2,F1 | $6.00 | Mar 13, 2015 | A | 35,000 | A | — | Mar 12, 2020 | Common Stock | 35,000 | 110,000 | D |
Explanation of responses
- F1Options to purchase 15,000 shares vest over three years and options to purchase 20,000 shares vest over one year from the achievement of certain company objectives.
- F2Includes 75,000 existing options at an exercise price of $4.66.