SEC Form 4 · accession 0001593968-16-000643
Avinger Inc · AVGR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Matthew Ferguson
Officer — Chief Financial Officer
Period of report
Mar 3, 2016
Accepted (ET)
Mar 7, 2016 · 7:48 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506928
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | Mar 3, 2016 | A | 12,500 | $12.99 | A | 12,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option (right to buy)F2 | $12.99 | Mar 3, 2016 | A | 25,000 | A | Mar 3, 2017 | Mar 3, 2026 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Reporting person received a grant under the 2015 Plan of RSUs with a grant date fair value of $12.99 per share. The RSUs vest annually over four years in equal increments.
- F2The stock options vest 25% on the first anniversary of the transaction date and monthly thereafter in 36 equal increments.