SEC Form 4 · accession 0001209191-16-145333
Straight Path Communications Inc. · STRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Zhouyue Pi
Officer — CHIEF TECHNOLOGY OFFICER
Period of report
Oct 6, 2016
Accepted (ET)
Oct 7, 2016 · 10:56 am 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 $.01 per shareF1,F2 | Oct 6, 2016 | A | 45,000 | $0.00 | A | 125,663 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of Restricted Stock that vests as follows: 15,000 on each of October 17, 2018, October 16, 2019 and October 16, 2020.
- F2Consists of shares of Class B Common Stock, 10,663 of which are held directly and 115,000 restricted shares which vest as follows: 30,000 on each of October 16, 2016 and October 16, 2017; 10,000 on October 16, 2018; and 15,000 on each of October 17, 2018, October 16, 2019 and October 16, 2020.