SEC Form 4 · accession 0001179110-19-002158
CONTROL4 CORP · CTRL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joshua D. Ellis
Officer — General Counsel
Period of report
Feb 10, 2019
Accepted (ET)
Feb 20, 2019 · 5:16 pm EST
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 | Feb 10, 2019 | M | 750 | — | A | 2,034 | D | |
| Common StockF2 | Feb 10, 2019 | F | 260 | $18.09 | D | 1,774 | D | |
| Common StockF3 | holding | — | — | — | 679 | I | By 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F4 | — | Feb 10, 2015 | M | 750 | D | — | — | Common Stock | 750 | 750 | D |
Explanation of responses
- F1Each Unit represents the right to receive, at settlement, one share of common stock at no cost.
- F2The federal and state tax withholding due at the vesting of these Units was satisfied by Control4 through a net issuance of these shares, which were retained by Control4 as treasury stock, and the requisite withholding amount was paid to the relevant tax authorities by Control4 on behalf of the Reporting Person. We used the closing price of the shares on the day prior to the vest date for withholding calculations.
- F3Shares held in Reporting Person's 401(k) Plan.
- F4This RSU was granted July 31, 2015. One-half of the shares in the award vested on August 10, 2017. The remain share vest as follows, an addition 1/8 of the shares vest on February 10, 2018, August 10, 2018, February 10, 2019, and August 15, 2019.