SEC Form 4 · accession 0001638599-16-000478
NORTEK INC · NTK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A. Keenan
Director
Period of report
Jan 4, 2016
Accepted (ET)
Jan 5, 2016 · 1:25 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001216596
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common | Jan 4, 2016 | M | 10,000 | $17.50 | A | 15,367 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $17.50 | Jan 4, 2016 | M | 10,000 | D | — | Apr 8, 2020 | Common | 10,000 | 0 | D |
Explanation of responses
- F1Option is exercisable in five equal annual installments. 20% becomes exercisable on each anniversary of the grant date beginning on April 8, 2011.