SEC Form 4 · accession 0001209191-16-146786
National American University Holdings, Inc. · NAUH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert A Paxton
Officer — President - Online Operations
Period of report
Oct 20, 2016
Accepted (ET)
Oct 24, 2016 · 5:35 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001399855
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Oct 20, 2016 | A | 1,500 | A | — | — | Common Stock | 1,500 | 1,500 | D |
| Employee Stock Option (right to buy)F3 | $1.94 | Oct 20, 2016 | A | 1,500 | A | — | Oct 20, 2026 | Common Stock | 1,500 | 1,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2The restricted stock units vest upon satisfaction of certain projected performance measures of the Issuer for the fiscal year ending May 31, 2017.
- F3750 options vested immediately upon grant on October 20, 2016 and 750 options vest on June 1, 2017, provided that Dr. Robert Paxton continues to serve as an employee of the Issuer or parent or subsidiary thereof.