SEC Form 4 · accession 0001209191-17-041442
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
Jun 20, 2017
Accepted (ET)
Jun 22, 2017 · 5:08 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 $.01 per shareF1,F2 | Jun 20, 2017 | F | 1,896 | $180.00 | D | 103,787 | D | |
| Class B Common Stock, par value $.01 per share | holding | — | — | — | 750 | I | IRA | |
| 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
- F1Sale of shares to cover tax withholding obligations upon the vesting of restricted shares.
- F2Consists of 64,787 shares held directly and 39,000 restricted shares of Class B Common Stock that vest as follows: 13,000 on each of October 18, 2017, October 17, 2018, and October 16, 2019.