SEC Form 4 · accession 0001225208-15-004599
CAI International, Inc. · CAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Masaaki Nishibori
Director
Period of report
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 7:28 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001388430
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 13, 2015 | M | 44,968 | $15.00 | A | 44,968 | D | |
| Common StockF1 | Feb 13, 2015 | S | 44,968 | $24.7782 | D | 0 | D | |
| Common Stock | Feb 17, 2015 | M | 70,786 | $15.00 | A | 70,786 | D | |
| Common StockF2 | Feb 17, 2015 | S | 70,786 | $24.4683 | D | 0 | D | |
| Common Stock | Feb 18, 2015 | M | 138,490 | $15.00 | A | 138,490 | D | |
| Common Stock | Feb 18, 2015 | M | 100,000 | $5.60 | A | 238,490 | D | |
| Common StockF3 | Feb 18, 2015 | S | 238,490 | $23.6072 | D | 0 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $15.00 | Feb 13, 2015 | M | 44,968 | D | — | May 15, 2017 | Common Stock | 44,968 | 209,276 | D |
| Stock Option (right to buy)F4 | $15.00 | Feb 17, 2015 | M | 70,786 | D | — | May 15, 2017 | Common Stock | 70,786 | 138,490 | D |
| Stock Option (right to buy)F4 | $15.00 | Feb 18, 2015 | M | 138,490 | D | — | May 15, 2017 | Common Stock | 138,490 | 0 | D |
| Stock Option (right to buy)F5 | $5.60 | Feb 18, 2015 | M | 100,000 | D | — | Jun 4, 2019 | Common Stock | 100,000 | 0 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.47 to $25.27, inclusive. The reporting person undertakes to provide the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $24.45 to $24.80, inclusive. The reporting person undertakes to provide the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $23.53 to $24.45, inclusive. The reporting person undertakes to provide the issuer, any shareholder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4The option vested with respect to 25% of the shares on May 15, 2008 and an additional 1/48th of the shares monthly thereafter.
- F5The option vested with respect to 25% of the shares on June 5, 2010 and an additional 1/48th of the shares monthly thereafter.