SEC Form 4 · accession 0001209191-17-057423
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 17, 2017
Accepted (ET)
Oct 19, 2017 · 1:29 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 | Oct 17, 2017 | F | 6,722 | $181.477 | D | 104,058 | D | |
| Class B Common Stock, par value $.01 per shareF1 | Oct 18, 2017 | F | 6,300 | $181.4266 | D | 97,758 | D | |
| Class B Common Stock, par value $.01 per shareF2 | Oct 18, 2017 | S | 16,978 | $181.4266 | D | 80,780 | 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
- F1Sale of shares to cover tax withholding obligations under the vesting of restricted stock.
- F2Consists of shares of Class B Common Stock, 25,780 of which are held directly and 55,000 restricted shares which vest as follows: 10,000 on October 16, 2018; and 15,000 on each of October 17, 2018, October 16, 2019, and October 16, 2020.