SEC Form 4 · accession 0001209191-17-003770
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
Jan 12, 2017
Accepted (ET)
Jan 17, 2017 · 9:10 am EST
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 | Jan 12, 2017 | S | 1,000 | $51.00 | D | 112,163 | D | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 410 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales represented in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 23, 2016.
- F2Consists of shares of Class B Common Stock, 27,163 of which are held directly and 85,000 restricted shares which vest as follows: 30,000 on 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.