SEC Form 4 · accession 0001104659-15-084085
Summer Infant, Inc. · SUMR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dan Almagor
Director
Period of report
Dec 8, 2015
Accepted (ET)
Dec 10, 2015 · 5:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001314772
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (performance-based)F1 | $0.00 | Dec 8, 2015 | A | 194,209 | A | — | — | Common Stock | 194,209 | 194,209 | D |
Explanation of responses
- F1Restricted stock units ("RSUs") represent the right to receive shares of the Issuer's common stock upon achievement of specified stock price performance metrics. The RSUs expire on the date of the Issuer's 2017 annual stockholder meeting. The number of shares reported assumes maximum achievement of the stock price performance metrics during the term of the award, however, the number of shares of common stock delivered to the reporting person will depend on actual achievement of the performance metric.