SEC Form 4 · accession 0000914190-16-000811
Cardiovascular Systems Inc · CSII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brent G Blackey
Director
Period of report
Aug 31, 2016
Accepted (ET)
Sep 2, 2016 · 4:26 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001180145
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 31, 2016 | M | 2,045 | — | A | 64,439 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF5 | — | Aug 31, 2016 | M | 2,045 | D | Aug 31, 2016 | Aug 31, 2016 | Common Stock | 2,045 | 0 | D |
| Stock Option (right to buy)F2 | $7.90 | holding | — | — | — | — | Oct 8, 2017 | Common Stock | 38,820 | 38,820 | D |
| Stock Option (right to buy)F2 | $7.90 | holding | — | — | — | — | Oct 8, 2017 | Common Stock | 6,470 | 6,470 | D |
| Restricted Stock UnitsF4,F3 | — | holding | — | — | — | — | — | Common Stock | 71,324 | 71,324 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | Aug 15, 2019 | Aug 15, 2019 | Common Stock | 2,541 | 2,541 | D |
| Restricted Stock UnitsF6 | — | holding | — | — | — | — | — | Common Stock | 5,949 | 5,949 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | Sep 1, 2018 | Sep 1, 2018 | Common Stock | 2,855 | 2,855 | D |
Explanation of responses
- F1Restricted stock units were paid in shares of common stock on a one-for-one basis.
- F2Fully exercisable.
- F3Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership.
- F4Represents the aggregate number of restricted stock units (all previously reported) held by reporting person that are payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership.
- F5Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning on the payment date.
- F6Each restricted stock unit represents the right to receive a payment from CSI equal in value to the market price per share of CSI common stock on the date of payment and shall be payable in cash or shares of Company common stock beginning six months following the termination of each director's board membership; provided, however, that the restricted stock units vest in quarterly amounts of 1,488 shares on September 30, 2016 and 1,487 shares on each of December 31, 2016, March 31, 2017 and June 30, 2017.