SEC Form 4 · accession 0001403431-17-000056
Heritage-Crystal Clean, Inc. · HCCI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory Ray
Officer — COO
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 2:54 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403431
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Mar 1, 2017 | M | 20,107 | $11.50 | A | 175,709 | D | |
| Common StockF1,F2 | Mar 1, 2017 | S | 20,107 | $15.64 | D | 155,602 | 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,F1 | $11.50 | Mar 1, 2017 | M | 20,107 | D | — | Mar 17, 2018 | Common Stock | 20,107 | 60,264 | D |
Explanation of responses
- F1Exercises were made pursuant to a Rule 10b5-1 plan.
- F2The price reported in Column 4 is a weighted average price. These shares were exercised in multiple transactions at prices ranging from $15.55 to $15.75, inclusive. The reporting person undertakes to provide Heritage-Crystal Clean, Inc. any security holder of Heritage-Crystal Clean, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares exercised at each separate price within the ranges set forth.
- F3Fully vested.