SEC Form 5 · accession 0001140361-17-005767
CapForce Inc. · CFOR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy C Dec
Officer — Chief Financial Officer
Period of report
Dec 31, 2016
Accepted (ET)
Feb 10, 2017 · 3:42 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001293818
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 10, 2016 | M | 6,250 | $0.00 | A | 53,966 | 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 UnitsF1,F2 | $0.00 | Nov 10, 2016 | M | 6,250 | D | — | — | Common Stock | 6,250 | 18,750 | D |
Explanation of responses
- F1On November 10, 2016, one-fourth of a restricted stock unit award granted on November 10, 2015 vested and was earned, but the transaction was not reported on a timely basis.
- F2The restricted stock units vest in four equal annual installments from the date of grant with the first installment having vested on November 10, 2016, with acceleration of vesting in certain circumstances associated with a change of control.