SEC Form 4 · accession 0001213900-18-000023
Rubicon Technology, Inc. · RBCN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Timothy Brog
Officer — President and CEO · Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 2, 2018 · 2:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001410172
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 UnitsF3,F1,F2 | — | Jan 1, 2018 | A | 30,902 | A | — | May 12, 2021 | Common Stock | 30,902 | 45,000 | D |
Explanation of responses
- F1Each restricted stock unit ("RSU") represents or represented a contingent right to receive one share of the Company's common stock.
- F2902, 15,000 and 15,000 of such RSUs vest if prior to May 12, 2021 the 15-trading day average closing price of the Company's common stock is greater than or equal to the target prices of $11.00, $12.50 and $14.00, respectively.
- F3Restricted stock units were granted pursuant to the terms of the Amended and Restated Executive Employment Agreement, dated May 12, 2017, between Mr. Brog and the Company.