SEC Form 4 · accession 0001094891-16-000391
Tecnoglass Inc. · TGLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Julio A. Torres
Director
Period of report
Dec 1, 2015
Accepted (ET)
Jan 14, 2016 · 3:06 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534675
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Ordinary Shares | Dec 1, 2015 | M | 125,000 | $8.00 | A | 172,000 | D | |
| Ordinary Shares | Dec 1, 2015 | F | 67,164 | $14.889 | D | 104,836 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants | $8.00 | Dec 1, 2015 | M | 125,000 | D | Dec 20, 2013 | Dec 20, 2016 | Ordinary Shares | 125,000 | 0 | D |
Explanation of responses
- F1On December 1, 2015, the reporting person exercised a warrant to purchase 125,000 ordinary shares of the Issuer on a cashless basis resulting in the Issuer withholding 67,164 of the warrrant shares to pay the exericse price and issuing to the reporting person the remaining 57,836 shares.