SEC Form 4 · accession 0000921895-17-002751
TOWN SPORTS INTERNATIONAL HOLDINGS INC · CLUB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michelle Ryan
Officer — Chief Marketing Officer
Period of report
Nov 20, 2017
Accepted (ET)
Nov 21, 2017 · 6:23 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001281774
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.001 | Nov 20, 2017 | M | 5,000 | $2.65 | A | 18,333 | D | |
| Common Stock, par value $0.001 | Nov 20, 2017 | S | 5,000 | $5.95 | D | 13,333 | D | |
| Common Stock, par value $0.001 | Nov 21, 2017 | M | 6,316 | $2.65 | A | 19,649 | D | |
| Common Stock, par value $0.001 | Nov 21, 2017 | S | 6,316 | $6.00 | D | 13,333 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $2.65 | Nov 20, 2017 | M | 5,000 | D | — | Oct 12, 2025 | Common Stock, par value $0.001 | 5,000 | 31,316 | D |
| Stock Option (right to buy)F1 | $2.65 | Nov 21, 2017 | M | 6,316 | D | — | Oct 12, 2025 | Common Stock, par value $0.001 | 6,316 | 25,000 | D |
Explanation of responses
- F1These options were granted on October 12, 2015 and began to vest in four equal annual installments commencing on October 12, 2016, the first anniversary of the grant date.