SEC Form 4 · accession 0001209191-16-102362
Inteliquent, Inc. · IQNT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rian J. Wren
Director
Period of report
Feb 23, 2016
Accepted (ET)
Feb 25, 2016 · 4:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001292653
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 per share | Feb 23, 2016 | M | 10,000 | $1.24 | A | 83,688 | D | |
| Common Stock, par value $0.001 per shareF1 | Feb 23, 2016 | S | 10,000 | $17.22 | D | 73,688 | D | |
| Common Stock, par value $0.001 per share | Feb 24, 2016 | M | 9,660 | $1.24 | A | 83,348 | D | |
| Common Stock, par value $0.001 per shareF2 | Feb 24, 2016 | S | 9,660 | $17.03 | D | 73,688 | D | |
| Common Stock, par value $0.001 per share | Feb 25, 2016 | M | 686 | $1.24 | A | 74,374 | D | |
| Common Stock, par value $0.001 per shareF3 | Feb 25, 2016 | S | 686 | $17.03 | D | 73,688 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Options (right to purchase)F4 | $1.24 | Feb 23, 2016 | M | 10,000 | D | — | Oct 11, 2016 | Common Stock | 10,000 | 42,924 | D |
| Employee Stock Options (right to purchase)F4 | $1.24 | Feb 24, 2016 | M | 9,660 | D | — | Oct 11, 2016 | Common Stock | 9,660 | 33,264 | D |
| Employee Stock Options (right to purchase)F4 | $1.24 | Feb 25, 2016 | M | 686 | D | — | Oct 11, 2016 | Common Stock | 686 | 32,578 | D |
Explanation of responses
- F1The price reported in Column 4 is the weighted average trading price of the shares sold. These shares were sold in multiple transactions at prices ranging from $17.10 to $17.30, inclusive. Upon request, the reporting person will provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The price reported in Column 4 is the weighted average trading price of the shares sold. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.14, inclusive. Upon request, the reporting person will provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is the weighted average trading price of the shares sold. These shares were sold in multiple transactions at prices ranging from $17.00 to $17.09, inclusive. Upon request, the reporting person will provide to the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4One-quarter of the options to which this note relates vest on October 11, 2007; the remaining three-quarters of the options vest in equal annual installments on the second, third and fourth anniversary following October 11, 2007.