SEC Form 4 · accession 0001209191-16-092723
DAKOTA PLAINS HOLDINGS, INC. · DAKP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Craig M McKenzie
Officer — Chief Executive Officer · Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 20, 2016 · 6:16 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001367311
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2016 | M | 252,148 | $0.00 | A | 971,976 | D | |
| Common StockF2 | Jan 15, 2016 | F | 143,724 | $0.18 | D | 828,252 | 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 UnitsF3 | — | Jan 15, 2016 | M | 252,148 | D | — | — | Common Stock | 252,148 | 504,294 | D |
Explanation of responses
- F1Each restricted stock unit converts into one share of common stock.
- F2Shares forfeit to satisfy tax withholding obligations.
- F3On January 15, 2015, the reporting person was granted 756,442 restricted stock units, which vest in three substantially equal installments on January 15, 2016, 2017 and 2018.