SEC Form 4 · accession 0001239819-17-000040
LUNA INNOVATIONS INC · LUNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael W. Wise
Director
Period of report
May 24, 2017
Accepted (ET)
May 26, 2017 · 9:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001239819
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | May 24, 2017 | A | 16,233 | $0.00 | A | 436,233 | D | |
| Common StockF4 | holding | — | — | — | 9,705 | I | Shares held by daughter | |
| Common StockF4 | holding | — | — | — | 3,135 | I | Shares held by son |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Consists of restricted stock units that are convertible into issuer's common stock on a 1-for-1 basis.
- F2This grant was awarded in connection with Mr. Wise's service as member of the board of directors, pursuant to the issuer's non-employee director compensation policy. The number of restricted stock units awarded is equal to $25,000 divided by $1.54, the closing price of issuer's common stock on the Nasdaq Capital Market on May 24, 2017.
- F3The stock units will vest fully on earlier of the one anniversary of the grant date or the issuer's next annual meeting of stockholders.
- F4The shares are held by Mr. Wise's family member over which Mr. Wise shares voting and investment power.