SEC Form 4 · accession 0001179110-16-028756
CONTROL4 CORP · CTRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Born
Director
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 3:29 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001259515
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 15, 2016 | M | 2,945 | $0.00 | A | 11,780 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3,F2 | $0.00 | Aug 15, 2016 | M | 2,945 | D | — | — | Common Stock | 2,945 | 0 | D |
Explanation of responses
- F1The total common stock reported in Table I includes 8,835 shares of common stock underlying RSUs granted on May 31, 2016.
- F2This RSU award was granted on May 31, 2016, and vests during the first year following the grant date as follows: 1/4 of the shares vest quarterly on the 15th day August, November, February, and May, subject to the reporting person's continuous service to the Issuer on each such date.
- F3Note that these shares were originally reported as a derivative securities in Table II of Form 4 filed on June 1, 2016. Pursuant to the SEC's permissive guidance, going forward we have elected to treat the remaining 8,835 shares in this RSU grant as common stock equivalents and move them to Table I.