SEC Form 4 · accession 0001209191-15-076477
National American University Holdings, Inc. · NAUH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Shape
Officer — CEO · Director
Period of report
Oct 20, 2015
Accepted (ET)
Oct 22, 2015 · 5:11 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001399855
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F1 | Oct 20, 2015 | A | 53,954 | $0.00 | A | 362,740 | 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)F3 | $3.06 | Oct 20, 2015 | A | 53,954 | A | — | Oct 20, 2025 | Common Stock | 53,954 | 53,954 | D |
Explanation of responses
- F1The reported transaction involves an award of common stock issued under the National American University Holdings, Inc. 2009 Stock Option and Compensation Plan (the "Plan").
- F2The common stock was granted under the Plan and therefore the reporting person paid no price for the common stock.
- F326,977 options vested immediately upon grant on October 20, 2015 and 26,977 options vest on June 1, 2016, provided that Dr. Ronald Shape continues to serve as an employee of the Company or parent or subsidiary thereof.