SEC Form 4 · accession 0001214659-16-013973
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Katherine A Butkevich
Officer — Chief Executive Officer
Period of report
Sep 30, 2016
Accepted (ET)
Oct 4, 2016 · 6:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546296
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F1 | $8.19 | Sep 30, 2016 | A | 57,500 | A | — | Sep 30, 2026 | Common Stock | 57,500 | 57,500 | D |
Explanation of responses
- F1The option vests in accordance with the following schedule: (i) 1/3 of the shares underlying the option vested immediately on the date of grant, (ii) 1/3 of the shares underlying the option will vest on March 31, 2017, and (iii) 1/3 of the shares underlying the option will vest on March 31, 2018.