SEC Form 4 · accession 0001603582-17-000001
Resonant Inc · RESN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George B Holmes
Officer — Chief Executive Officer · Director
Period of report
Feb 1, 2017
Accepted (ET)
Feb 2, 2017 · 4:40 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 1, 2017 | M | 81,000 | — | A | 124,217 | D | |
| Common StockF1 | Feb 1, 2017 | M | 23,751 | — | A | 147,968 | D | |
| Common StockF1 | Feb 1, 2017 | M | 29,954 | — | A | 177,922 | 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 | — | Feb 2, 2017 | A | 83,000 | A | — | — | Common Stock | 83,000 | 83,000 | D |
| Restricted Stock UnitsF1,F3 | — | Feb 1, 2017 | M | 81,000 | D | — | — | Common Stock | 81,000 | 108,000 | D |
| Restricted Stock UnitsF1,F4 | — | Feb 1, 2017 | M | 23,751 | D | — | — | Common Stock | 23,751 | 31,669 | D |
| Restricted Stock UnitsF1,F5 | — | Feb 1, 2017 | M | 29,954 | D | — | — | Common Stock | 29,954 | 29,952 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant common stock.
- F2The restricted stock units will vest in four equal installments of 20,750 shares on each of December 1, 2017, December 1, 2018, December 1, 2019 and December 1, 2020.
- F327,000 shares vested on each of July 1, 2016, October 1, 2016 and January 1, 2017, and 9,000 shares will vest on the first business day of each subsequent calendar quarter, commencing April 1, 2017, until fully vested. The Reporting Person elected to defer until February 1, 2017 receipt of the 81,000 shares vesting prior to that date.
- F47,917 shares vested on each of July 1, 2016, October 1, 2016 and January 1, 2017, and 2,639 shares will vest on the first business day of each subsequent calendar quarter, commencing April 1, 2017, until fully vested. The Reporting Person elected to defer until February 1, 2017 receipt of the 23,751 shares vesting prior to that date.
- F522,465 shares vested on October 4, 2016, 7,489 shares vested on January 1, 2017, and 2,496 shares will vest on the first business day of each subsequent calendar quarter, commencing April 1, 2017, until fully vested. The Reporting Person elected to defer until February 1, 2017 receipt of the 29,954 shares vesting prior to that date.
Remarks
Exhibit 24 power of attorney filed herewith.