SEC Form 4 · accession 0001209191-17-011218
BIOTELEMETRY, INC. · BEAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Hrenko
Officer — SVP - Human Resources
Period of report
Feb 14, 2017
Accepted (ET)
Feb 15, 2017 · 6:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001574774
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 14, 2017 | A | 3,268 | $0.00 | A | 40,836 | D | |
| Common StockF3,F4,F2 | Feb 15, 2017 | F | 3,587 | $24.65 | D | 37,249 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF5 | $24.65 | Feb 14, 2017 | A | 5,539 | A | — | Feb 14, 2027 | Common Stock | 5,539 | 5,539 | D |
Explanation of responses
- F1Represents shares of the Issuer's common stock underlying restricted stock units (RSUs) awarded to the Reporting Person. The RSUs will vest in full on the third anniversary of the grant date, subject to accelerated vesting upon certain terminations of employment following certain corporate transactions involving the Issuer. The shares of common stock underlying the RSUs will be issued when the RSUs vest.
- F2Included 2,578 shares purchased pursuant to the Company's Employee Stock Purchase Plan.
- F3Represents shares withheld to cover taxes in connection with the reporting person's February 14, 2014 RSU Grant.
- F4Closing price of the Company's common stock on February 14, 2017
- F5The shares shall vest at the rate of 25% on December 31 and on each of the first, second, and third anniversaries of the Vesting Commencement Date, provided that the Option holder remains in Continuous Service through the applicable vesting date.