SEC Form 4 · accession 0001488471-17-000001
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey A Killian
Officer — Chief Financial Officer
Period of report
Jan 3, 2017
Accepted (ET)
Jan 5, 2017 · 8:22 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 | Jan 3, 2017 | M | 12,500 | — | A | 12,500 | D | |
| Common Stock | Jan 4, 2017 | S | 4,967 | $4.8221 | D | 7,533 | D | |
| Common Stock | Jan 5, 2017 | S | 1,005 | $4.829 | D | 6,528 | 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,F3 | — | Jan 3, 2017 | M | 12,500 | D | — | — | Common Stock | 12,500 | 187,500 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant Inc. common stock. On January 3, 2017, 12,500 of the reporting person's restricted stock units were settled for an equal number of shares 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.
- F312,500 shares vested on January 3, 2017, and 12,500 shares will vest on the first business day of each subsequent calendar quarter until fully vested.