SEC Form 4 · accession 0001144204-17-026147
Vuzix Corp · VUZI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul A Boris
Officer — Chief Operating Officer · Director
Period of report
May 8, 2017
Accepted (ET)
May 10, 2017 · 5:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001463972
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 8, 2017 | A | 100,000 | $0.00 | A | 100,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| stock option - right to buyF1 | $5.90 | May 8, 2017 | A | 150,000 | A | — | Apr 28, 2027 | Common Stock | 150,000 | 150,000 | D |
Explanation of responses
- F1Table II - Issuance of stock options - (1) Granted under the issuer's 2014 Incentive Plan with vesting in equal monthly installments over 48 months from the date of grant.
Remarks
Table I - Issuance of stock award - full ownership vests in equal monthly installments over 48 months from the date of award.