SEC Form 4 · accession 0001104659-17-010155
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 1:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001579910
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 16, 2017 | M | 12,000 | — | A | 22,700 | D | |
| Common StockF2 | holding | — | — | — | 1,035,000 | I | By Park City Capital Offshore Master, Ltd. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Feb 16, 2017 | M | 12,000 | D | — | — | Common Stock | 12,000 | 12,000 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- F2Michael J. Fox is the managing member of Park City Capital, LLC, the investment adviser of the fund that directly holds the reported securities. Mr. Fox and Park City Capital, LLC may be deemed to be beneficial owners of the securities directly held by the fund. Each reporting person disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein.
- F350% of the shares vested on February 16, 2017 and 50% of the shares vest on February 16, 2018.
Remarks
Exhibit 24 power of attorney filed herewith.