SEC Form 4 · accession 0001178104-15-000004
DEXTERA SURGICAL INC · DXTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory P. Watson
Officer — V.P., Operations
Period of report
May 20, 2015
Accepted (ET)
May 21, 2015 · 8:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001178104
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $0.43 | May 20, 2015 | A | 400,000 | A | May 20, 2015 | May 20, 2025 | Common Stock | 400,000 | 400,000 | D |
Explanation of responses
- F1The option vests 25% of the shares on the 1 year anniversary date of the grant and 1/48 of the option will vest monthly for the next 36 months.