SEC Form 4 · accession 0001563699-17-000013
Covisint Corp · COVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
III Samuel M. Inman
Officer — President and CEO · Director
Period of report
Jul 1, 2017
Accepted (ET)
Jul 5, 2017 · 8:26 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 | Jul 1, 2017 | M | 60,731 | $2.45 | A | 163,002 | 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 | — | Jul 1, 2017 | M | 60,731 | D | Jul 1, 2015 | — | Common stock | 60,731 | 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.
- F2One-third of the restricted stock units vested on July 1, 2015, one-third of the restricted stock units vested on July 1, 2016, and the remaining third of the restricted stock units vested on July 1, 2017.