SEC Form 4 · accession 0001563699-15-000042
Covisint Corp · COVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William O Grabe
Director
Period of report
Aug 25, 2015
Accepted (ET)
Aug 27, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001563699
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stockF1 | Aug 25, 2015 | M | 36,195 | — | A | 36,195 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1,F2 | — | Aug 25, 2015 | M | 36,195 | D | Aug 25, 2015 | — | Common stock | 36,195 | 0 | D |
| Restricted Stock UnitF1,F3 | — | Aug 26, 2015 | A | 42,315 | A | — | — | Common stock | 42,315 | 42,315 | D |
Explanation of responses
- F1Each restricted stock unit represents the contingent right to receive one share of common stock upon vesting of the unit.
- F2Units vested on August 25, 2015, the day immediately preceding the first annual meeting of shareholders following the award date.
- F3Units vest on the day immediately preceding the first annual meeting of shareholders following the award date.