SEC Form 4 · accession 0000899243-15-008120
CONNECTURE INC · CNXR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeff Surges
Officer — President · Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 13, 2015 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001211759
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 12, 2015 | A | 225,000 | $0.00 | A | 225,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F3,F1 | $3.93 | Nov 12, 2015 | A | 35,000 | A | — | Nov 12, 2025 | Common Stock | 35,000 | 100,000 | D |
| Stock Options (right to buy)F3,F2 | $3.93 | Nov 12, 2015 | A | 65,000 | A | — | Nov 12, 2025 | Common Stock | 65,000 | 100,000 | D |
Explanation of responses
- F1This option will vest and become exercisable with respect to one-third (1/3) of the granted shares on November 12, 2016, and with respect to one thirty-sixth (1/36) of the granted shares on the first day of each calendar month thereafter.
- F2This option will vest and become exercisable in accordance with certain milestones based on the price per share of the Issuer's Common Stock on the Nasdaq Global Market, as agreed upon by the Reporting Person and the Issuer.
- F3Includes both options reported on this form.