SEC Form 4 · accession 0001563699-16-000143
Covisint Corp · COVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Philip Lay
Director
Period of report
Aug 26, 2016
Accepted (ET)
Aug 29, 2016 · 11:43 am 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 stock | Aug 26, 2016 | M | 29,183 | $0.00 | A | 56,065 | 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 26, 2016 | M | 29,183 | D | — | — | Common stock | 29,183 | 0 | 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 26, 2016, the year anniversary of the 2015 Annual Meeting of Shareholders.