SEC Form 4 · accession 0001239819-15-000003
LUNA INNOVATIONS INC · LUNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John B Williamson III
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 4:55 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001239819
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 UnitsF3,F1,F2 | — | Jan 2, 2015 | A | 1,736 | A | — | — | Common Stock | 1,736 | 84,727 | D |
Explanation of responses
- F1Stock units are convertible into issuer's common stock on a 1-for-1 basis.
- F2The stock units become issuable in common stock of the issuer at the election of the Reporting Person upon the earliest to occur of the Reporting Person's termination of service, a change in control of the issuer, an unforeseeable emergency, or a fixed date selected by the Reporting Person. The units have no expiration date.
- F3This grant was made pursuant to the issuer's non-employee director compensation policy. Represent $2,500 awarded to the Reporting Person as a retainer for his service as Chairman of the Audit Committee of the Board of Director's for the period of January 1, 2015 to March 31, 2015. The number units is equal to $2,500 divided by $1.44, the closing price of the issuer's common stock on NASDAQ Capital Market on January 2, 2015, the first trading day of the quarter. The Reporting Person elected to receive Chairman fees in stock units.