SEC Form 4 · accession 0001354488-16-005795
Pharma-Bio Serv, Inc. · PBSV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard Spindel
Director
Period of report
Jan 2, 2016
Accepted (ET)
Jan 5, 2016 · 8:52 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001304161
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jan 2, 2016 | M | 10,000 | $0.26 | A | 10,000 | D | |
| Common StockF1 | Jan 2, 2016 | F | 2,600 | $1.00 | D | 7,400 | D | |
| Common Stock | Jan 2, 2016 | G | 7,400 | $0.00 | D | 0 | D | |
| Common Stock | Jan 2, 2016 | G | 7,400 | $0.00 | A | 22,381 | I | By Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $0.26 | Jan 2, 2016 | M | 10,000 | D | — | Jan 3, 2016 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Represents the aggregate amount of shares of Common Stock withheld for a cashless exercise.
- F2This transaction involved a gift of securities by the reporting person to his spouse. The reporting person disclaims beneficial ownership of the shares held by his spouse, and this report should not be deemed an admission that the reporting person is the beneficial owner of his spouse's shares for purposes of Section 16 or for any other purpose.
- F3The option vested in two equal installments on July 3, 2011 and July 3, 2012.