SEC Form 4 · accession 0001225208-17-017269
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
Nov 9, 2017
Accepted (ET)
Nov 13, 2017 · 7:40 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 | Nov 9, 2017 | M | 13,571 | $5.60 | A | 68,307 | D | |
| Common StockF2 | Nov 9, 2017 | S | 13,571 | $36.06 | D | 54,736 | D | |
| Common StockF3 | Nov 10, 2017 | S | 27,836 | $36.12 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F4 | $5.60 | Nov 9, 2017 | M | 13,571 | D | — | Jun 4, 2019 | Common Stock | 13,571 | 26,429 | D |
Explanation of responses
- F1The option exercise and sales 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 price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.00 to $36.31, 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 $36.00 to $36.74, 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 was fully vested on June 5, 2013.