SEC Form 4 · accession 0001144204-18-034510
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Jun 14, 2018
Accepted (ET)
Jun 18, 2018 · 8:56 am EDT
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 StockF4,F5,F1,F2 | Jun 14, 2018 | P | 80,972 | $5.605 | A | 1,115,972 | I | By Park City Capital Offshore Master, Ltd. |
| Common StockF4,F1,F2 | Jun 15, 2018 | P | 19,028 | $5.62 | A | 1,135,000 | I | By Park City Capital Offshore Master, Ltd. |
| Common StockF3 | holding | — | — | — | 52,448 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Does not include currently exercisable warrants to purchase 335,000 shares of Common Stock of the Issuer held by the fund.
- 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.
- F3Does not include currently exercisable warrants to purchase 10,700 shares of Common Stock of the Issuer and 15,141 unvested restricted stock units held by Mr. Fox. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock.
- F4Includes brokerage commissions of $0.02 per share.
- F5The price reported represents a weighted average price. These shares were purchased in multiple transactions at prices ranging from $5.52 to $5.60. The reporting persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price.