SEC Form 4 · accession 0001104659-15-023083
Summer Infant, Inc. · SUMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William E Mote Jr.
Officer — CHIEF FINANCIAL OFFICER
Period of report
Mar 24, 2015
Accepted (ET)
Mar 26, 2015 · 4:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314772
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 24, 2015 | A | 8,000 | $0.00 | A | 28,000 | 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 Option (Right to Buy)F2 | $2.64 | Mar 24, 2015 | A | 14,000 | A | — | Mar 24, 2025 | Common Stock | 14,000 | 14,000 | D |
Explanation of responses
- F1Represents award of restricted stock, of which 25% will vest on each of the first, second, third and fourth anniversaries of the grant date.
- F225% of the total number of shares subject to the option shall vest and become exercisable on each of the first, second, third and fourth anniversaries of the March 24, 2015 vesting commencement date.