SEC Form 4 · accession 0001209191-15-072148
Straight Path Communications Inc. · STRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Davidi Jonas
Officer — CEO & PRESIDENT · Director
Period of report
Sep 24, 2015
Accepted (ET)
Sep 25, 2015 · 12:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574460
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class B Common Stock, par value $0.01 per shareF1,F2 | Sep 24, 2015 | S | 6,000 | $40.00 | D | 308,255 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 plan adopted by the Reporting Person on July 17, 2015.
- F2Consists of 184,719 shares held directly and 123,536 restricted share of Class B Common Stock which vest as follows: 76,536 on August 2, 2016; 24,000 shares that vest on February 1, 2016; and 23,000 shares that vest on February 1, 2017.