SEC Form 4 · accession 0001654954-18-011838
Zoom Telephonics, Inc. · ZMTP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph Wytanis
Officer — President
Period of report
Oct 29, 2018
Accepted (ET)
Nov 1, 2018 · 10:15 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001467761
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (right to buy)F1 | $1.66 | Oct 29, 2018 | A | 100,000 | A | — | Oct 29, 2021 | Common Stock | 100,000 | 100,000 | D |
Explanation of responses
- F1The Reporting Person received an Option to purchase Common Stock from the Issuer pursuant to the Issuer's Stock Option Plan. The Option will become exercisable as to 25% of the shares underlying the Option on April 29, 2019, with respect to 25% of the shares underlying the Option on October 29, 2019, with respect to 25% of the shares underlying the Option on April 29, 2020, and with respect to the remaining 25% of the shares underlying the Option on October 29, 2020, subject in each case to the Reporting Person's continued employment with the Issuer through such date.