SEC Form 4 · accession 0001209191-16-145335
Straight Path Communications Inc. · STRP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jonathan Rand
Officer — CFO
Period of report
Oct 6, 2016
Accepted (ET)
Oct 7, 2016 · 10:57 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 | 39,000 | $0.00 | A | 110,939 | D | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 750 | I | IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of Restricted Stock that vests as follows: 13,000 on each of October 18, 2017, October 17, 2018 and October 16, 2019.
- F2Consists of 42,183 shares held directly and 68,756 restricted shares of Class B Common Stock that vest as follows: 12,756 on October 16, 2016 and 17,000 on January 3, 2017; 13,000 on each of October 18, 2017, October 17, 2018 and October 16, 2019.