SEC Form 4 · accession 0001209191-17-033069
Vistance Networks, Inc. · VISN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Claudius E. Watts IV
Director
Period of report
May 16, 2017
Accepted (ET)
May 17, 2017 · 4:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001517228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | May 16, 2017 | P | 15,000 | $36.7505 | A | 20,623 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price shown is the weighted average price of the shares purchased in this transaction. The price range for this transaction is $36.65 to $36.88. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares purchased at each separate price for this transaction.
- F2As previously reported, includes (a) 1,153 restricted stock units that were granted on January 23, 2017, which will vest on January 23, 2018; and (b) 4,470 restricted stock units that were granted on May 5, 2017 and will vest on May 5, 2018, each subject to the director's continued membership on the Board of Directors on such date.