SEC Form 4 · accession 0001603582-18-000007
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
Oct 1, 2018
Accepted (ET)
Oct 3, 2018 · 7:42 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 | Oct 1, 2018 | M | 9,000 | — | A | 262,481 | D | |
| Common StockF1 | Oct 1, 2018 | M | 2,639 | — | A | 265,120 | D | |
| Common StockF1 | Oct 1, 2018 | M | 2,496 | — | A | 267,616 | D | |
| Common StockF3 | Oct 2, 2018 | S | 7,000 | $3.6875 | D | 260,616 | 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 | — | Oct 1, 2018 | M | 9,000 | D | — | — | Common Stock | 9,000 | 45,000 | D |
| Restricted Stock UnitsF7,F1,F5 | — | Oct 1, 2018 | M | 2,639 | D | — | — | Common Stock | 2,639 | 13,196 | D |
| Restricted Stock UnitsF7,F1,F6 | — | Oct 1, 2018 | M | 2,496 | D | — | — | Common Stock | 2,496 | 12,480 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Resonant 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 $3.64 to $3.79. 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.
- F427,000 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.
- F57,917 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.
- F622,465 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.
- F7Adjusted to correct total number of restricted stock units remaining following reported transaction. All prior transactions with respect to restricted stock units have been previously reported.