SEC Form 4 · accession 0001239819-17-000081
LUNA INNOVATIONS INC · LUNA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Phelps
Director
Period of report
Oct 2, 2017
Accepted (ET)
Oct 4, 2017 · 7:44 pm EDT
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 UnitsF2,F1,F3 | — | Oct 2, 2017 | A | 3,676 | A | — | — | Common Stock | 3,676 | 12,112 | D |
| Stock UnitsF4,F1,F3 | — | Oct 2, 2017 | A | 441 | A | — | — | Common Stock | 441 | 12,553 | D |
| Stock UnitsF5,F1,F3 | — | Oct 2, 2017 | A | 441 | A | — | — | Common Stock | 441 | 12,994 | D |
Explanation of responses
- F1Stock Units are convertible into issuer's common stock on a 1-for-1 basis.
- F2This grant was made pursuant to the issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service as a member of the board of directors for the period of October 1, 2017 to December 31, 2017. The number of restricted stock units awarded is equal to $6,250.00 divided by $1.70, the closing price of the issuer's common stock on the NASDAQ Capital Market on October 2, 2017, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
- F3The 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.
- F4This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service on the audit committee of the board of directors for the period from October 1, 2017 to December 31, 2017. The number of restricted stock units is equal to $750.00 divided by $1.70, the closing price of issuer's common stock on the NASDAQ Capital Market on October 2, 2017, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.
- F5This grant was made pursuant to issuer's non-employee director compensation policy, as compensation for Mr. Phelps's service on the compensation committee of the board of directors for the period from October 1, 2017 to December 31, 2017. The number of restricted stock units is equal to $750.00 divided by $1.70, the closing price of issuer's common stock on the NASDAQ Capital Market on October 2, 2017, the first trading day of the quarter. The Reporting Person elected to receive fees in stock units.