SEC Form 4 · accession 0001396446-16-000254
CYS Investments, Inc. · CYS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin E Grant
Officer — Chairman, CEO, CIO, President · Director
Period of report
Oct 31, 2016
Accepted (ET)
Nov 2, 2016 · 4:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001396446
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $.01 par value per shareF1,F2 | Oct 31, 2016 | S | 174,911 | $8.60 | D | 649,491 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person's sale of shares was primarily completed in connection with his personal investment strategy and financial planning needs, including for tax planning, individual asset diversification, and estate planning purposes. Prior to and upon completion of this transaction, the Reporting Person's holdings of the Issuer's common stock represent less than one percent of the Issuer's outstanding capital stock.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.58 to $8.63, inclusive. The Reporting Person undertakes to provide CYS Investments, Inc., stockholders of CYS Investments, Inc. 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.