SEC Form 4 · accession 0001367632-16-000004
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard Kornfeld
Director
Period of report
Jun 6, 2016
Accepted (ET)
Jun 8, 2016 · 4:28 pm 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 StockF1 | Jun 6, 2016 | M | 6,297 | — | A | 50,297 | 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,F2 | — | Jun 6, 2016 | M | 6,297 | D | — | — | Common Stock | 6,297 | 6,297 | D |
| Restricted Stock UnitsF1,F3 | — | Jun 7, 2016 | A | 11,934 | A | — | — | Common Stock | 11,934 | 11,934 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock.
- F2(2) 50% of the shares vested on June 6, 2016, and 50% shall vest on the earlier of (i) the day prior to the second annual meeting of the stockholders following the grant and (ii) June 9, 2017.
- F3(3) 50% of the shares shall vest on the earlier of (i) the day prior to the first annual meeting of stockholders following the grant and (ii) June 7, 2017, and 50% of the shares shall vest on the earlier of (i) the day prior to the second annual meeting of stockholders following the grant and (ii) June 7, 2018.