SEC Form 4 · accession 0001437749-16-024679
DEXTERA SURGICAL INC · DXTR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas J. Palermo
Officer — Chief Operating Officer
Period of report
Jan 29, 2016
Accepted (ET)
Feb 3, 2016 · 7:30 pm EST
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F1 | $0.28 | Jan 29, 2016 | A | 1,400,000 | A | Jan 29, 2016 | Jan 29, 2023 | Common Stock | 1,400,000 | 1,400,000 | D |
| Non-Qualified Stock Option (right to buy)F1 | $0.28 | Jan 29, 2016 | A | 230,400 | A | Jan 29, 2016 | Jan 29, 2023 | Common Stock | 230,400 | 230,400 | D |
Explanation of responses
- F1The options vests 25% of the shares on the 1 year anniversary date of hire and 1/48 of the options will vest monthly for the next 3 years under the 2016 Equity Plan.