SEC Form 4 · accession 0001104659-17-011645
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
Feb 22, 2017
Accepted (ET)
Feb 24, 2017 · 5:21 pm EST
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 | Feb 22, 2017 | A | 21,000 | $0.00 | A | 52,882 | 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 | $1.97 | Feb 22, 2017 | A | 41,000 | A | — | Feb 22, 2027 | Common Stock | 41,000 | 41,000 | 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 will vest and become exercisable on each of the first, second, third and fourth anniversaries of the grant date.