SEC Form 4 · accession 0001225208-17-005572
CAI International, Inc. · CAI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Victor Garcia
Officer — President and CEO · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 6:56 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 | Mar 1, 2017 | M | 5,875 | $15.00 | A | 32,775 | D | |
| Common Stock | Mar 1, 2017 | S | 5,875 | $17.25 | D | 26,900 | 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 | $15.00 | Mar 1, 2017 | M | 5,875 | D | — | May 15, 2017 | Common Stock | 5,875 | 124,325 | D |
Explanation of responses
- F1The option exercise and sale were effected pursuant to a sales plan adopted by the reporting person and intended to comply with Rule 10b5-1 under the Securities Act of 1934.
- F2The option vests with respect to 25% of the shares on May 15, 2008, and an additional 1/48th of teh shares vest monthly thereafter.