SEC Form 4 · accession 0001214659-17-005243
Professional Diversity Network, Inc. · IPDN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jiangping Xiao
Officer — Chief Financial Officer
Period of report
Aug 18, 2017
Accepted (ET)
Aug 22, 2017 · 3:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001546296
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 | Aug 18, 2017 | P | 800 | $5.63 | A | 800 | D |
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 | $10.72 | holding | — | — | — | — | Mar 9, 2027 | Common Stock | 30,000 | 30,000 | 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 March 9, 2017, the date of grant, (ii) 1/3 of the shares underlying the option will vest on March 9, 2018, and (iii) 1/3 of the shares underlying the option will vest on March 9, 2019.