SEC Form 4 · accession 0001114331-18-000013
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert B Hammond
Officer — Chief Technology Officer
Period of report
Dec 1, 2018
Accepted (ET)
Dec 6, 2018 · 6:38 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 | Dec 1, 2018 | M | 11,250 | — | A | 466,672 | D | |
| Common StockF1 | Dec 1, 2018 | M | 8,683 | — | A | 475,355 | D | |
| Common StockF3 | Dec 4, 2018 | S | 7,140 | $1.7027 | D | 468,215 | D |
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,F4 | — | Dec 1, 2018 | M | 11,250 | D | — | — | Common Stock | 11,250 | 22,500 | D |
| Restricted Stock UnitsF1,F5 | — | Dec 1, 2018 | M | 8,683 | D | — | — | Common Stock | 8,683 | 26,049 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- F2This transaction was effected pursuant to a Rule 10b5-1 trading plan previously adopted by the reporting person to satisfy the reporting person's tax withholding obligations upon the vesting of restricted stock units.
- F3This transaction was executed in multiple trades at prices ranging from $1.67 to $1.74. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
- F411,250 restricted stock units vested on each of December 1, 2017 and December 1, 2018, and installments of 11,250 restricted stock units will vest on each of December 1, 2019 and December 1, 2020.
- F58,683 restricted stock units vested on December 1, 2018, and installments of 8,683 restricted stock units will vest on each of December 1, 2019, December 1, 2020 and December 1, 2021.